Plastic industry - One of the leading industries in India

Author: Sonu Ali

Plastic industry in India, similar to that in the United States, is one of the dominating industries on which many other major industries are depending on. The plastic industry India started emerging as a leading business as it began to produce polystyrene. Since then it developed into one of the prime industries in India over the last six decades.

Few facts -

  • At present about 4 million employees are part of this leading industry in India and more than 2 thousand exporters are involved in the plastic business. The plastic industry India extends to over thousands of processing units, many medium-range and various other small-scale.
  • India is a leading export of plastics and the plastic industry in India enjoys a prime position in the global export business of plastics. Plastic industry India is involved in the production and export of a wide variety of plastic objects, packaging materials, electronic goods, healthcare accessories, surgical items, laboratory equipments, polyester films, molded articles, plastic bags, kitchen ware, household products and many other essential molded materials. Plastic from the Indian industry is exported across 150 nations worldwide. The primary importers of these Indian plastic products are the United States, China, Italy, the United Arab Emirates, Pakistan, the United Kingdom, South Africa, Saudi Arabia, Sri Lanka, Germany, Bangladesh, the Netherlands, Brazil, Nigeria, Indonesia, Singapore and Vietnam. Export in the Indian plastic industry is regulated by the Plastics Export Promotion Council or PLEXCONCIL.
  • Worldwide use of plastics will grow to about six times by the year 2030 in respect to the current consumption rate. India will continue to be the chief competitor of the west European countries in regard to the polyolefin share. The amount of wastes generated from plastics in India will also experience considerable growth and this in turn will lead either to a decrease or to constancy in the rate of plastic recycling process.
  • The All India Association of Plastic Manufacturers, founded in 1971, was changed to today’s All India Federation of Plastic Industries in 1985. At present the All India Association of Plastic Industries operates as a non-profit making voluntary association. More than 400 plastic manufacturing units located across the nation are members of AIFPI. AIFPI has memberships reaching up to various other associations situated in different metropolitan cities like Chennai, Mumbai, Faridabad, Hyderabad, Kolkata and many more. AIFPI is associated with the growth of several small scale and minor plastic manufacturing divisions in India. AIFPI has been joined by many committees associated with the expansion of the plastic industry controlled by the Central Government. To enhance the level of technology involved in
plastic processing the federation organizes conferences and seminars with the aid of state government and central government. Exhibitions are also a part of AIFPI’S operations as these exhibitions bring forth the raising issues of the plastic industry and help in growing public alertness regarding the harmful effect of plastic usage on our environment.
  • The All India Plastic Industries Association was founded in 1982 and since then it has emerged as one of the most prominent SSI registered associations of Indian plastic industry. Several medium scale plastic manufacturing companies are members of AIPIA. More than 587 plastic processing units are life members of AIPIA, which has almost 1714 registered members nationwide. Since its establishment AIPIA has been actively involved with all issues related to the Indian Plastic Industry and has been engaged in many other serious areas of the Indian plastic industry. These areas include supplier policies, government duties, Indian customs duty tariff codes, effect of plastic production on environment, recycling of eco-friendly plastic bags and recycling of plastic bags that are not eco-friendly. AIPIA is currently associated with many agencies in dealing with many issues related to the plastic industry India.