GINOW MAN V NI SOILSV 1d Ta uaaINDIAN PLASTICS INDUSTRY INDIAN PLASTIC. PRODUCTS ARE EXPORTED TO OVER150 COUNTRIES; MAJOR TRADING PARTNERS INCLUDE CHINA, GERMANY, ITALY, TURKEY, THE UAE, THE UK and THE US The Indian plastics industry made a promising beginning in 1957 with the production of polystyrene. Thereafter, significant progress has been made, and the industry has grown and diversified rapidly. The 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 per cent of which are small and medium-sized enterprises, India ranks third globally based on plastic consumption, Demand for plastics in the country is expected to double to 20 milion metric tonnes (MMT) by 2020. STEADY GROWTH IN EXPORTS India is one of the most promising exporters cof plastics among developing countries, The plastic industry produces and exports a Wide range of raw materials, plastic-moulded extruded goods, polyester fims, laminates, mouidedisoft luggage items, wrting instruments, plastic woven sacks and bags, polyvinyl chloride (PVC), leather cloth and sheeting, packaging, consumer goods, sanitary fitings, electrical accessories, laboratory/medical surgical ware, tarpaulins, laminates, fishnets, travel ware, and others. Demand from original equipment manufacturers (OEMs) has led to producers focusing more on delivering products customised in ine with end-user needs Moreover, the Indian plastics industry has started manufacturing specific items to meet, customer requirements, Design, style, and pattern are set based on the requirements of customers in export markets. In 2013-14, plastic raw materials accounted for 38.6 per cent (USS 3.1 billion) of overall plastics exports, followed by value-added plastic product exports (61.4 per cent; USS 49 billion) KEY MARKETS AND EXPORT DESTINATIONS = _ Indian plastics exports, which stood at US$ 7.9 billion in 2013-14, are expected to cross US$ 9.5 billion in 2015-16. = The value of Indian plastics exports has Increased at a CAGR of 20.5 per cent between 2009-10 and 2013-14. = The industry exports to more than 175 countries, Its major trading partners include China, Germany, Italy, Turkey, the UAE, the UK and the US. Items exported include: = Consumer goods: Toothbrushes, cleaning brushes, hairbrushes, make-up brushes, combs, moulded furniture, housewares, kitchenware, microwavable containers, mats and mattresses, water bottles, gifts, and novelties * Writing instruments and stationery items: Files, folders, mathematical instruments, pens, ball pens, markers, sign pens, refils and othersPlastics Exports by India (2009-10 to 2013-14) 2:14 TT 7 2 2009-10 TT 2s o 2 4 6 8 (USS billion) ‘Source: Ministry of Commerce & Industry, Plastics Export Promotion Counell = Transport and communication: Components for ‘equipment used in the telecommunications, railway, automobile and electronics sectors = Laboratory/Medical surgical ware: Disposable syringes, blood and urine bags, and IV sets ADVANTAGE INDIA = The Indian plastics industry offers excellent potential in terms of capacity, infrastructure and cheap labour availabilty. Itis supported by a large number of polymer producers, and plastic process machinery and mould manufacturers in the country. = Among the industry's major strengths is the availability cf raw materials in the country. Thus, plastic processors do not have to depend on imports. These raw materials, including polypropylene, high-density polyethylene, low- density polyethylene and PVC, are manufactured domestically. IN ANEW MOULD PLASTICS EXPORT PROMOTION COUNCIL ‘The Plastics Export Promotion Council (PLEXCONCIL) is, the apex government body responsible for the promotion of plastic exports, PLEXCONCIL members comprise large- ‘Imedium-/small-scale manufacturers and exporters. The council supports exporters by participating in intemational trade fairs, exploring new markets, organising buyer- seller meets both in India and overseas, and engaging in through various other promotion and need- based activities. The ‘council acts as an interface between the exporting ‘community and the Government of India; sponsors delegations to target markets; and invites business delegations from overseas to India. It actively organises events such as exhibitions, fairs and conferences/workshops to promote the Indian plastics industry at national and international levels. MAJOR TRADE FAIRS = Source Direct, August 2015, Las Vegas, US = 4® Myanmar International Plastics, Rubber, Packaging Printing & Food Tech Industrial Exhibition, August 2015 410 Edition Pars Plast, September 2015, Mashhad, Iran 30th International Exhibition on Plastics and Rubber Industries, April 2016, Shanghai, ChinaContact Details Crystal Tower, Ground Floor Gundivali Road No. 3 Off Sir M. V. Road Andheri (E) Mumbai - 400069 Maharashtra INDIA Tel.: +91-22-2683 3951/3952 Fax: +91-22-2683 3953/4057 Email Website: Key Players Cece] Creer aes) Nu ead The Supreme Industries Ltd eae Deere) Re ono Uda eae eae) eon) test Neo oN oa e) Cee one WAM ode) ‘Samsonite South Asia (P) Ltd Deas reused Perth e) oan)