India’s plastics sector records 8% export growth in FY 2024–25, driven by strong demand, innovation, and market expansion.
The Plastics Export Promotion Council (PLEXCONCIL) announced an 8% growth in India’s plastics exports for FY 2024–25, with total exports reaching USD 12.5 billion, up from USD 11.5 billion in the previous fiscal year. This surge reflects India’s strengthening role as a global supplier of quality plastic products, backed by increased international demand and a competitive export ecosystem.
Key contributors to this growth include Plastic Films & Sheets, which rose 15.9% to USD 2,028 million, and FIBC, Woven Sacks, and Tarpaulin, which saw a 16% rise to USD 1,571 million. Floorcoverings, Leathercloth & Laminates also contributed with a 9.9% increase to USD 762 million. Top export destinations include the US, China, UAE, and Brazil.
Looking forward, PLEXCONCIL aims for 12% growth in FY 2025–26, leveraging opportunities in Africa, Latin America, and CIS regions, while advocating key trade pacts with the US, UK, and EU to enhance market access and competitiveness.
