The plastic industry spans the country and hosts more than 2,000 exporters. It employs about 4 million people and comprises more than 30,000 processing units, 85-90 percent of which are small and medium-sized enterprises.
Industry Exports
In FY20 (till January 2020), plastic exports stood at US$ 7.045 billion with the highest contribution from plastic raw materials at US$ 2.91 billion; plastic sheets, films, and plates at US$ 1.22 billion; and packaging materials at US$ 722.47 million.
In FY19, top five importers of Indian plastic products were US (US$ 1,314.03 million), China (US$ 1,281.65 million), UAE (US$ 579.51 million), Italy (US$ 451.41 million) and Germany (US$ 407.14 million).