Report of the Coordination Committee to address the issues related with Human Resources/Skilled Manpower Requirement of the industry

摘要

India is a growing market for plastics and consumes about 11 million tonne annually against a global consumption of 275 million tonne per year and worldwide, the plastics and polymer consumption is growing at an average rate of 10% and is expected to touch 16.5 million tonnes by 2016. About 30,000 processing units with 113,000 processing machines have created manufacturing capacity of 30 million metric tonnes per annum in India. This has been achieved with a 13% CAGR of processing capacity during last 5 years. The industry has invested $5 billion in the machinery and it is expected to make further project investment of $10 billion for further increase in capacities during the next 5 years.