The growth in India’s plastics exports during FY 2024–25 was into driven by strong performances throughout several main product categories
The Plastics Export Promotion Council (PLEXCONCIL), underneath the aegis of the Ministry of Commerce & Industry, Government of India, continues its upward increase trajectory. It has recorded an impressive 8% growth in exports at some point of the financial year 2024–25, with overall exports reaching US$ 12.5 billion, up from US$ 11.5 billion in 2023–24.
This sustained performance underscores the sector’s increasing worldwide competitiveness, strong international demand, and increasing footprint across main markets, reinforcing India’s role as a leading international dealer of exceptional plastic products.
The growth in India’s plastics exports at some stage in FY 2024–25 was into pushed with the aid of robust performances throughout numerous key product categories. Plastic Films & Sheets saw a robust 15.9% rise, growing from US$ 1,750 million to US$ 2,028 million, even as FIBC, Woven Sacks, Woven Fabrics & Tarpaulin grew by 16% to reach US$ 1,571 million, up from US$ 1,355 million. Floorcoverings, Leathercloth & Laminates also recorded a healthy 9.9% growth, totaling US$ 762 million as compared to USD 693 million in the previous fiscal year. India’s plastics export portfolio stays nicely-diversified, with main markets together with America, China, the UAE, and Brazil.
“India’s plastics export sector has proven remarkable performance, developing by using 8% to attain US$ 12.5 billion in 2024–25”, stated Vikram Bhadauria, Chairman of PLEXCONCIL. “This boom is a testament to our industry’s innovation, adaptability, and strong worldwide call for across diverse product categories and geographies.”
Looking beforehand, the Indian plastics industry stays optimistic about untapped opportunities in Africa, Latin America, and the CIS location, wherein increasing industrial activities and infrastructure development are anticipated to pressure demand for Indian plastic products. To similarly support global competitiveness and increase market access, the sector is advocating for the early conclusion of main international trade agreements. It additionally includes a Bilateral Trade Agreement (BTA) with the United States and Free Trade Agreements (FTAs) with the United Kingdom and the European Union. These strategic partnerships are predicted to significantly increase India’s export competencies and unlock new avenues for growth.
“With increasing opportunities in emerging markets such as with Africa, Latin America, and the CIS location, and with essential alternate agreements on the horizon, we are assured in achieving our goal of 12% export growth for 2025–26 stated, Executive Director of PLEXCONCIL, Sribash Dasmohapatra. The future. of India’s plastics exports seems sturdy and globally aggressive.”
With a foundation built on innovation, resilience, and an increasing international footprint, India’s plastics industry is nicely-located to acquire a ventured 12% boom in exports for FY 2025–26. Supported by means of strategic change agreements and rising global demand, the sector is ready to boost India’s function as a main leading hub for high quality plastic products.
