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“Indian plastic exports expected to reach $25 billion by 2025”

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Jigish Dshi, president of Plastindia Foundation stated that Indian plastics exports reached $10 billion in 2019-20. They are projected to reach $25 billion in 2025.

The current business environment, which was bolstered with the government’s Atmanirbhar movement and ‘Vocal for Local initiative provides a boost to the plastics sector to grow and offers excellent export opportunities. He said that we expect the exports to reach $25 billion by 2025.” He spoke at the event to unveil the logo, brochure, and goals of PLASTINDIA2023 which will be held here in February 2023.

Mansukh Mandaviya, Union Chemicals and Fertilizers Minister, unveiled the logo and assured the plastic industry that he would continue to support and provide an environment conducive to its growth.

“The sector is contributing significantly to India’s economic development. We are determined to make the sector Atmanirbhar.

Doshi stated that India is poised for becoming the global plastics processing center.

Plastindia Foundation stated they would work closely with government and industry to foster growth and work towards new manufacturing techniques that are sustainable for the economy and the environment. According to the foundation, “the plastics industry has innovated and created environment-friendly processing and usage techniques that don’t affect the environment over the years”.

The Plastindia Foundation shares 10 goals, including making India the top destination for plastic manufacturing, creating jobs opportunities to empower the country’s economy, encouraging new techniques, and increasing the processing capacity.

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