India’s plastics exports to reach US $25 billion by 2025 – report

Plastindia Foundation presents Plastics Industry Status Report 2021-22

PlastIndia Foundation committee members.

The Plastindia Foundation, an apex body of major associations, organizations, and institutions connected with plastics, has unveiled the ninth edition of the Plastics Industry Status Report. 

Among the top 10 items to be exported, India exported US $10.00 billion worth of plastics in 2019-20, which is expected to reach US $25.00 Billion by 2025, the report says.

Giving an overview of the Indian economy, the third largest in terms of GDP, the report highlights the significant role that plastics can play in further accelerating economic growth. 

The report says the production and consumption of plastics in India have increased manifold in the last three decades. In 2021-22 the consumption of plastics was approximately 22 MMT, compared to 0.9 MMT in 1990. The industry gives jobs to over 4 million people and comprises over 35,000 processing units, 80% of which are small and medium-sized enterprises. This sector is predicted to achieve 9.1 lakh crore by 2025, the report said. 

Plastic Industry

The plastics industry says it is committed to sustainable development. 90% rigid plastics, including PET bottle waste and 60% of flexible waste, are being recycled. Nearly 6.4 million mt is estimated to be recycled in 2021-22 which is ~60% of the plastic waste stream.

Jigish Doshi, president, PlastIndia Foundation said, “The ninth edition of the Plastics Industry Status Report has been put together to offer first-hand information on the Indian plastic industry. The report aims to catalyze growth by empowering each stakeholder with facts and figures. I am confident this report will act as a beacon for change by helping create more employment, fostering innovation, and driving investments that will help the industry work towards sustainable development models.”

Ajay Shah, chairman, National Executive Council, PlastIndia 2023 said, “This report includes various new sections and provides more in-depth data on various sectors of the industry, including a brief history of polymers and the benefits that plastics provide to society. The report enumerates the strengths of India and the various government initiatives and programs that would drive the polymer industry in the future while showcasing the country to the world as a land of potential opportunities. The data provided in the report will surely be useful for the entire value chain of the plastic industry – from raw material and additive producers, processors, machinery manufacturers, recyclers, and consumers, guiding them in their growth plans.” 

Plastindia Foundation is organizing PlastIndia 2023, the 11th edition of the international plastics exhibition, conference & convention, from 1 to 5 February 2023, at Pragati Maidan in New Delhi. The event 2023 will focus on innovation, sustainability, and growth, facilitating modern techniques that will help to maintain a cleaner environment and lead to sustainable economic growth. 

Established in 1987, the PlastIndia Foundation is the apex body of the major association, organizations, and institutions connected with plastics focused to promote the development of the plastics industry and assist in the growth of plastics and related materials. 

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement , for editorial and for subscriptions

– Naresh Khanna

Subscribe Now
unnamed 1


Subscribe to our Newsletter

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.


Please enter your comment!
Please enter your name here