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PLASTICS
CHEMICAL INDUSTRY
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APPAREL&TEXTILE INDUSTRY
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JOSHNA
9TH CLASS
SECTION -B
PLASTIC INDUSTRY
The Indian plastic industry has taken great strides. In
HISTORY
Indian plastic industry has made significant achievements in the country
ever since it made a promising beginning with the start of production of
polystyrene in 1957. the industry is growing at a rapid pace and the per
capita consumption of plastic in the country has increased several times
as compared to the earlier decade. The chronology of production of
polymers is summarized as under
1957-polystyrene
1959-LDPE
1961-PVC
1968-HDPE
Currently the Indian plastic industry is highly fragmented with an estimate
of around 25,000 films and over 4,00,000 employees. The top 100
players of indian plastic industry account for just 20 of the industry
turnover . Barring 10 to 15 of the firms that can be categorized as
medium scale enterprises, most of the units operate on a small-scale
basics.
EXPORTS
In the calender year 2006, the value of world plastic export was US$ 375
billion. However the share of india was less than 1% with exports of worth US$
3.187 billion.according to recent addition on the raw materials that are exported.
The top 10 trading partners for Indian plastic industry are
USA
UAE
ITALY
UK
BELGIUM
GERMANY
SINGAPORE
SAUDI ARBIA
CHINA
HONG KONG
PRODUCTS
The major plastic products that India export are
Raw materials PVC, polypropylene polyethylene
Future Forecast
The Indian plastic industry clearly has the