Industry at a Glance - Key Stats & Trends

India’s Plastics Industry:
At a Glance

India is emerging as a global powerhouse in plastics and polymers, driven by strong central and state government support.

₹10 Lakh Crore – Target industry size in the next 4–5 years
1 Crore+ Jobs – Projected new employment opportunities
$25 Billion Exports – Set to be achieved by 2027
10 Plastic Parks – Across India, building industrial clusters
India’s First Bioplastics Policy (UP, 2024) – Attracting sustainable investments

The National Growth Vision

The Union Government has launched a dual-ministry strategy to transform plastics into a pillar of India’s economy.

Commerce & Industry
(Piyush Goyal):

Chemicals & Fertilizers
(J.P. Nadda):

Uttar Pradesh: Policy Innovation & Bioplastics Leadership

Uttar Pradesh, under CM Yogi Adityanath, is pioneering plastics transformation:

Bioplastics Policy 2024: First in India – offering capital subsidy, SGST reimbursement, duty exemptions
PLA Biopolymer Plant (Lakhimpur Kheri): India’s first sugarcane-to-bioplastics unit by Balrampur Chini Mills (₹2,000+ crore investment)
Plastic Parks:
– Gorakhpur (88 acres, CIPET skill centre)
– Auraiya (145 hectares, strong connectivity)
– YEIDA (near Jewar Airport, global hub potential)
– Lakhimpur Kheri (1,000 hectares, bioplastics cluster)

Double Engine Growth: Centre + State Synergy

Leader	Primary Focus	Key Goal	Policy Lever	Sustainability Narrative
Piyush Goyal (Commerce)	Market Expansion & Exports	Grow to ₹10L Cr & $25B exports	FTAs, Export Promotion	Recycling & global market acceptance
J.P. Nadda (Chemicals)	Infrastructure & Skills	$1T petrochemical sector by 2040	Plastic Parks, CIPET	Alternative feedstocks, waste management

Leader	Primary Focus	Key Goal	Policy Lever	Sustainability Narrative
Piyush Goyal (Commerce)	Market Expansion & Exports	Grow to ₹10L Cr & $25B exports [Source]	FTAs, Export Promotion [Source]	Recycling & global market acceptance [Source]
J.P. Nadda (Chemicals)	Infrastructure & Skills	$1T petrochemical sector by 2040 [Source]	Plastic Parks, CIPET [Source]	Alternative feedstocks, waste management [Source]

Towards a Sustainable Future

While expanding plastics production, India is also future-proofing with bioplastics & recycling:

Bioplastics Pivot: Linking sugarcane to biodegradable plastics (PLA).
Circular Economy Challenge: Need for composting & recycling infrastructure.
Global Ambition: Petrochemicals sector → $300B by 2028, on track for $1T by 2040.
Balanced Approach: Supporting MSMEs in transition while enforcing single-use plastic bans.

A Nation Rising as a Plastics Export Hub

India has transformed from a consumer market to a global powerhouse, supplying plastic machinery solutions that fuel industries worldwide.

From world-class polymer producers to cutting-edge machinery manufacturers for extrusion, moulding, and recycling – India powers every stage of the plastics value chain.

From packaging solutions shaping Europe, to automotive components fuelling Asia, to medical devices exported to the Americas – Bharat’s plastics and machinery are driving progress worldwide.

Plastfocus 2028 brings this story of India’s rise as a plastics and machinery powerhouse directly to global buyers, investors and exhibitors.

India’s Excellence in Plastics

Our journey is built on a foundation of world-class capabilities:

World-class raw materials, from polymers and resins to speciality additives.
Advanced plastics machinery & automation, extrusion, moulding, recycling, printing and packaging equipment that make production faster, cleaner, and more cost-efficient.
Cutting-edge recycling and circular solutions enabling sustainable growth and driving circular economy.
High-quality finished goods: packaging, automotive components to, medical devices, and consumer products which are trusted across global markets.

Together this end-to-end ecosystem makes India the perfect partner for the plastics and machinery needs, and Plastfocus 2028 is where you can experience this opportunity first hand.

USD 77 billion Market Opportunity by 2033 – Are You Ready?

The Global Export Scenario

The world is looking to India:

Total plastics exports rose about 8% year-on-year, from USD 11.5 billion in FY 2023-24 to USD 12.5 billion in FY 2024-25.

USD 4.26 billion shipped in just four months, a 7.6% rise from last year, showing strong momentum.

Major destinations: USA, Europe, Middle East, Africa, China, Latin America etc. The market to reach USD 77.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.4% during 2025-2033

India’s plastics exports grew 8% YoY, reaching USD 12.5 billion in FY 2024-25 – evidence of its strong global momentum.

India Is Swiftly Emerging as The Trusted Global Plastics Hub

Plastfocus 2028 connects exhibitors with global buyers from the highest growth markets helping you accelerate exports and partnerships.

India’s Plastics Industry Drives Global Growth Across Every Category!

Categories	Countries of Export
Machine Manufacturers (plastic processing / plastic machinery)	Germany; Kenya; United Arab Emirates (broader machinery markets also include USA, UAE, Germany).
Raw-material suppliers (polymers: polyethylene, polypropylene, etc.)	China; Nepal; United Arab Emirates; Vietnam; Egypt (major importers of Indian primary polymers).
Moulds & dies (injection / die-mould / tooling)	Nepal; Kenya; United Arab Emirates; (also shipments to US/Germany depending on sub-product).
Finished plastic products (housewares, packaging, films, sheets, consumer articles — HS 3923/3926 etc.)	United States; Germany; Vietnam; United Arab Emirates; United Kingdom (major buyers of Indian finished plastic articles).
Recycling & green solutions (recycled plastics, recycling plants & equipment)	Recycled plastic shipments (where exported): United States; Russia; UAE. Recycling plants / equipment: United States, Sri Lanka, Bangladesh (transactional/shipments data varies by subcategory). Global flows of plastic waste also show Europe & “Other Asia” as major regions.