Expanding Global Footprint: India’s plastic exports rose by 12.7% in December 2023 (USD 1,115 million) and 5% in January 2024 (USD 916 million) year-on-year, signaling sustained global demand.
India’s Growing Role: India's plastic exports reached a record USD 1.113 billion in 2024, marking a 5.6% year-on-year increase from USD 1.054 billion in 2023. Notably, plastic pipes and fittings exports surged by 30.2%, reflecting India's expanding role in global supply chains.
Focus on MSMEs: India’s small and medium enterprises are backbone of the country's plastics export strategy. These businesses produce various plastic products, but often lack the exposure and resources to access overseas markets. PLASTIWORLD is providing oppurtunity to bridge this gap by connecting small and medium enterprises with overseas buyers.
Sustainability and Innovation: As the need for sustainable practices develops globally, Indian plastics manufacturers are increasingly embracing eco-friendly innovations, including recycling and reducing plastic waste. This trend complies with international market standards and opens doors for Indian exporters to cater to environmentally-conscious consumers.
