Indian plastics industry set to buck the global trend. Set to grow 12 this year

摘要

PLASTICS is one of the fastest growing industries in India experiencing a double digit growth rate on an average. Make in India program, Skill India program, Digital India program, Swach Bharat Abhiyan and Start up India initiatives by Government of India are opening up opportunities for even more accelerated growth in this industry. Plastics industry wouldTalso contribute in a big way in the success of all such programs. As an example, in Digital India program, most gadgets are made of Plastics. In the electronics Industry, in the next 5 to 10 years, most of the products are proposed to be made in India. Imports from China and other countries will reduce and India will be a major sourcinghub.