the plastic industry preface

lastic industry is making significant contribution to the economic development
and growth of various key sectors in the country such as: Automotive,
Construction, Electronics, Healthcare, Textiles, and FMCG etc. Its demand has
been growing rapidly at ~10% CAGR to reach 10 MnTPA by FY13. India is currently net
importer of PolyEthylene (PE), however with the commissioning of IOCL plant at
Panipat, the imports are expected to go down significantly.
India observes significant regional diversity in consumption of plastics with Western
India accounting for 47%, Northern India for 23% and Southern India for 21%. Bulk of the
consumption in Northern India is from end use industries of Auto, packaging (including
bulk packaging), plasticulture applications, electronic appliances etc. which are
concentrated mostly in UP and Delhi- NCR (>50%). However, plastic processing in other
parts like Rajasthan, Punjab, Haryana, Uttarakhand, J&K and Himachal Pradesh are
expected to grow based on increased availability of feedstock and higher focus on
manufacturing sectors.
Northern India is said to have an inherent disadvantage of being away from ports hence
a difficult target for low cost supply of plastics through import. However this same
situation makes the domestic plastic processing more competitive and provides
significant opportunity. 

Current low levels of per capita consumption (9.7 Kgs) along
with increased growth in end use industries could propel the growth of plastics in
North India further. Plastics application in agriculture can also lead to huge monetary
benefits as well as improve the overall productivity. Besides Plasticulture can also be a
good answer to the falling water table in North India. Additionally, full potential of
plastics in food processing is yet to be tapped and that can help in meeting the food
and nutrition security of the nation.
A report on
Plastics Industry
Executive Summary
Knowledge &
Strategy Partner
A report on
Plastics Industry
Indian Plastic industry faces environmental myths and lacks in technology. Going
ahead recycling & reuse of plastics could be a foremost step towards fostering
innovation and sustainability. Also increased awareness through help of industry
groups and Government could help address some of these challenges

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