After achieving a staggering 30 percent growth during the pandemic year 2021-22, the government has almost doubled the target for India’s plastics exports for the period 2024-25.
Despite Covid-related lockdowns at the beginning of the financial year, 2021-22, and supply chain disruptions thereafter, exports not only recovered in the second half but thrived and witnessed an emphatic growth. Consequently, India’s plastics exports which hovered between US$ 9 and 11 billion for the past several years, jumped sharply to US$ 13 billion in the financial year 2021-22.
Encouraged by this performance, India’s Commerce and Industry minister Piyush Goyal set a target of US$ 16 billion for the current financial year i.e. 2022-23, and US$ 25 billion for the financial year 2024-25.
While speaking on the sidelines of the Export Excellence Award hosted by the Plastics Export Promotion Council (Plexconcil), Goyal said on Saturday, “The Indian plastics industry has done well on the exports and domestic fronts and contributed significantly during the pandemic, particularly in supporting healthcare supplies to the country. The central government was supporting the plastics manufacturers, particularly to ensure that more Medium, Small, and Medium Enterprises (MSMEs) should take the advantage of national and global market opportunities and provide more job opportunities to marginalized sectors.”
The Commerce and Industry Minister also urged the stakeholders of the Indian plastics industry to upgrade technology, equipment, and capacities to manufacture world-class, quality products and grab global opportunities for plastics to become the prime player. Goyal also stressed the need for sustainability by engaging in environment-friendly practices for plastics recycling.
Emphasizing the need for India to become 'aatmanirbhar', the minister exhorted the plastics industry to reduce import dependence and become the world’s premium supply hub. With a significant growth potential exists, Goyal asked the industry to continue its growth momentum in the future also.
The Indian plastics industry recorded a total volume of imports worth US$17 billion, around US$4 billion higher than the total value of exports. This means, there is a clear market for the domestic industry not only to capture the local markets with import substitution but also to accelerate exports.
“With an economy growing at 7-8 percent for the next 25 years, I am sure making the plastics industry a US$ 100 billion industry in the next 4-5 years is very much achievable. We must aspire to reach that level,” said Goyal.
The Minister set a target for the domestic plastics industry to treble its size to Rs 10 lakh crore in the next 4-5 years from the level of Rs 3 lakh crore now. This tremendous growth will provide huge employment opportunities to the youth, especially in the MSME sector, with the potential to provide jobs to the aspirants from the marginalized sections who have been left behind in the development cycle.
Speaking to Polymerupdate, Arvind Goenka, Chairman, Plexconcil, said, “India has signed a duty-concessional trade agreement with Saudi Arabia and Australia recently and also in the process to sign a similar agreement with the Gulf Cooperation Council (GCC) region and other developed and developing nations. Trade agreements especially those of the Gulf countries would help us tap many African markets where we see a huge potential for growth in India’s plastics exports. The industry will strive to achieve all these targets set by the government, of course, with enabling policy support.”
Instituted to felicitate exporters who achieved remarkable growth in India’s plastics exports, the Export Excellence Award will certainly encourage recipients to increase the shipment of value-added plastics products. The award will also encourage other players to tap new potential customers in the overseas markets.
“On the exports front, the Indian plastics industry is targeting the traditional markets of North America and Europe and also the emerging markets like Africa, Latin America, and the Caribbean, the Oceania countries among others. But, there is an immense opportunity lies for the Indian plastics industry to explore business potential in other markets also,” said Sribash Dasmohapatra, Executive Director, Plexconcil.
With adequate impetus from the government, the plastics industry is transforming from a linear to a circular economy benefitting all stakeholders.
Source: =”https://www.polymerupdate.com/blog/plastic-news/2022-04-18-After-achieving-30-growth-in-FY22-govt-doubles-the-plastic-exports-target-to-$25-bn-for-three-years.aspx?id=1163066&year=2022″ target=”_blank” rel=”noopener”>www.polymerupdate.com
7,800 comments
YaleBal
Genuinely glad I clicked through to read this rather than skipping past, and a stop at echoengine confirmed I should keep clicking through to more pages here, the kind of resource that justifies its place in my browser history rather than feeling like wasted time which is the highest compliment I offer any site online today.
KeanuWax
Bookmark earned and the bookmark feels like a permanent addition rather than a maybe, and a look at devatoll confirmed that permanent status, the difference between durable bookmarks and ephemeral ones is something I have learned to feel quickly and this site triggered the durable feeling almost immediately during my first read here.
GriffinByday
Closed and reopened the tab three times before finally finishing, and a stop at yonderyard held my attention straight through, sometimes content fights for time against my own distraction and the times it wins say something positive about its quality and this post clearly won that fight today afternoon for me.
Brendonhef
Useful reading material, the kind I can hand off to someone newer to the topic without worrying about confusing them, and a quick look at truesync confirmed the same beginner friendly tone runs throughout the site which is great for sharing with people just starting their learning journey on this particular topic.
CodyBep
Quietly building a case in my head for why this site deserves more attention than it currently seems to receive, and a look at softatoll reinforced the case, the gap between quality and recognition is a recurring frustration in independent online content and this site is one of the cases that seems particularly egregious to me today.
Jermainegar
A piece that demonstrated competence without performing it, and a look at blog33church maintained the same self assured but unshowy register, the gap between competence and performance of competence is one I track and this site has clearly chosen to demonstrate rather than perform which I find much more persuasive as a reader.
Kevinkes
Quality writing that respects the reader’s intelligence without overloading them, and a quick look at patriciareed reflected that approach, a balanced thoughtful site that earns trust by being consistent rather than by shouting about how trustworthy it is which is the usual approach online sadly across most content categories.
Diegohab
Thanks for the moderate length, neither so short it skips substance nor so long it bloats, and a stop at softpeak hit the same balance, the right length is one of the hardest things to calibrate in blog writing and I appreciate when a team has clearly thought about it rather than defaulting.
HarleyDague
Liked that the post resisted a sales pitch ending, and a stop at blog33partner maintained the no pitch approach, content that ends without trying to convert me into a customer or subscriber is content that has confidence in its own value and this site is clearly playing the long game on reader trust.
BryceBak
Reading this prompted me to subscribe to my first newsletter in months, and a stop at logiccloud confirmed the subscribe was the right call, content that earns a newsletter signup is content that has cleared a higher trust bar than a casual visit and this site has clearly earned that level of commitment from me.
Terrykiz
Probably the kind of site that should be more widely read than it appears to be, and a look at blog44hand reinforced that quiet wish, the gap between a sites quality and its apparent reach is sometimes large and that gap exists for this site in a way that makes me want to mention it more.
Dalecoeta
Started taking notes about halfway through because the points were stacking up, and a look at baybiscuit added enough material that my notes file grew further, content that demands note taking from a passive reader is content with substance and the writers here are clearly producing that kind of work consistently across topics.
BorisWem
If the topic interests you at all this is a place to spend time, and a look at blog66authors reinforced that recommendation, the broader question of where to invest topical reading time is one this site answers convincingly through the consistent quality across multiple pieces I have sampled during the current reading session today.
EddieRilky
Felt like the writer was speaking directly to someone with my level of curiosity, neither talking down nor showing off, and a stop at swiftshoppery kept that comfortable matching going, finding writing that meets you where you are rather than asking you to climb up or stoop down feels great every time it happens.
Mattanges
Came in for one specific question and got answers to three I had not even thought to ask, and a look at glintvogue extended that bonus value pattern, the kind of resource that anticipates reader needs rather than just answering the literal question asked is the gold standard and this site reaches it.
KadeHeisy
Took me back a step or two on an assumption I had been making, and a stop at synapseflow pushed that reconsideration further, writing that gently corrects the reader without being aggressive about it is a rare diplomatic skill and the team here clearly knows how to land critical points without turning readers off.
DomenicMon
Skipped the related products section because there was none, and a stop at coralcrate also lacked any aggressive monetisation, content that is not constantly trying to convert me into a customer or subscriber is content that has confidence in its own value and that confidence shows up as a different reading experience.
AidanInnox
Polished and informative without feeling overproduced, that is the sweet spot, and a look at pantrypebble hit it again, you can tell when a site has been built with care versus thrown together for the sake of having something to put online and this is clearly the former approach taken by the team.
BarryDrofs
Quietly building a case in my head for why this site deserves more attention than it currently seems to receive, and a look at kinetkey reinforced the case, the gap between quality and recognition is a recurring frustration in independent online content and this site is one of the cases that seems particularly egregious to me today.
Dondub
Thanks for the readable length, I finished it without checking how much was left, and a stop at blog44marriages kept me reading the same way, when I stop noticing the length of a piece because the content is engaging enough to sustain attention without willpower the writer has done their job well today.
Clarenceben
Appreciated how the writer anticipated the questions a reader might have along the way, and a stop at appcanyon continued that thoughtful approach, you can tell when content has been edited with the reader in mind versus just published as a first draft and this is clearly the former approach across what I read.
AmmonNef
Thanks for the practical examples scattered through the post rather than abstract theory only, and a look at blog33natural continued that grounded style, abstract points are easier to remember when paired with concrete situations and the writers here clearly understand how readers actually retain information from blog content reading sessions.
Griffinevarp
Worth recognising the absence of the usual blog tropes here, and a look at blog33morning continued that fresh quality, sites that avoid the standard moves of the medium read as more original even when the content is on familiar topics and this one has clearly chosen its own path through the conventional terrain skilfully.
Linwooddor
Took something from this I did not expect to find, and a stop at softgiant added another unexpected useful piece, content that exceeds expectations rather than just meeting them is the kind that builds enthusiasm and earns repeat visits without any explicit ask from the writer or platform behind the work being read.
Dravendalay
Appreciated the way each section connected smoothly to the next without abrupt jumps, and a stop at quantumq kept that flow going nicely, transitions are something most blog writers ignore but the difference is huge for the reader who is trying to follow a sustained line of thought today across many different topics.
Lorenzoillit
Useful reading material, the kind I can hand off to someone newer to the topic without worrying about confusing them, and a quick look at sandracraig confirmed the same beginner friendly tone runs throughout the site which is great for sharing with people just starting their learning journey on this particular topic.
Marvinclurb
накрутка пф сайт накрутка пы
ZackSen
Really appreciate the lack of pop ups, modals, cookie banners stacking on top of each other, and a quick visit to blog66behavior confirmed the same clean approach across the rest of the site, technical decisions about user experience are part of what makes content actually pleasant to engage with for sure.
Ulyssesgut
Coming to this with low expectations and being pleasantly surprised by the substance, and a stop at webcreek continued exceeding expectations, the recalibration of expectations upward across multiple positive readings is one of the actual rewards of careful browsing and this site is providing that recalibration at a steady rate apparently.
CaseyJat
Liked that the post acknowledged complications rather than pretending they did not exist, and a stop at datameadow continued that honest framing, sites that handle complexity with care rather than papering it over with simplifying claims are doing real intellectual work and this one is clearly in that category based on what I have read.
Robertofaugh
Found the rhythm of the prose particularly enjoyable on this read through, and a look at appprairie kept that musical quality going across the related pages, sentence rhythm is something most blog writers ignore but it makes a real difference in how content lands with the careful reader who cares.
Darylvonge
Reading this prompted me to send the link to two different people for two different reasons, and a stop at partyparcel provided ammunition for a third share, content that suits multiple audiences without being generic enough to be useless to any of them is genuinely valuable and this site has that multi audience quality clearly.
Nicotwita
Now realising this site has been quietly doing good work for longer than I knew, and a look at echostack suggested an archive worth exploring, sites with deep archives of consistent quality represent a different kind of resource than sites with viral hits and this one looks like the durable kind based on what I see.
SheldonRoolf
Skipped breakfast still reading this and finished hungry but satisfied, and a stop at shiftspot kept me past breakfast time, content that displaces basic biological needs is content with serious attentional pull and the writers here are clearly capable of producing that level of engagement which is genuinely impressive these days.
Kalencam
Reading this slowly because the writing rewards a slower pace, and a stop at blog33along did the same, the pace at which I read content is something I now use as a quality signal and writing that earns a slower pace earns my attention as a reader looking for substance these days.
Benjaminnut
Solid quality, the kind of work that holds up to a careful read rather than a quick skim, and a quick look at questqode kept that standard going strong, content that rewards attention rather than punishing it is something I appreciate more and more these days online across nearly every topic I follow.
Lylejex
Most blog writing on this subject reaches for the same handful of arguments and this post avoided them, and a look at rotiandrice continued the original treatment, content that finds its own path through territory other writers have flattened is content with real authorial energy and this site has plenty of that distinctive energy.
Damonstilm
Reading this slowly to absorb the structure, and the structure is doing real work alongside the words, and a look at darktales maintained the same architectural quality, when sentence shapes and paragraph rhythms reinforce the meaning rather than just transporting words you know you are reading skilled work today.
Erikwer
Glad the writer did not feel the need to argue with imaginary critics in the post itself, and a stop at warungtemen kept the same focused approach going, defensive writing wastes the reader time and confidence on positions that did not need defending and this post has clearly avoided that common failure.
JoeMit
Will be back, that is the simplest way to say it, and a quick visit to hubgrid reinforced the decision, this site has earned a spot in my regular rotation alongside a few other reliable places I check when I want something genuinely informative without all the usual modern web noise getting in the way.
Pedrobailm
Reading this in segments because the day was busy, and the post survived the fragmented attention well, and a stop at pearlnet held up similarly under interrupted reading, content that can withstand modern distracted reading patterns rather than requiring a perfect block of focused time is increasingly the kind I prefer.
Dravenkag
Pass this along to colleagues if the topic comes up, the framing here is sensible, and a stop at stackspot adds more useful angles to share, the kind of content that improves conversations rather than just feeding them is what makes a resource genuinely valuable in professional contexts going forward over time and across project boundaries too.
DominicPer
Genuinely well crafted writing, the kind that makes the topic look easier than it actually is, and a look at choicezone added even more depth, you can feel the experience behind every line which is something only writers who have been at this for a while can pull off with this level of grace.
Orlandoned
Reading this fit naturally into my afternoon walk because I was reading on my phone, and a stop at mimosamarket continued well in that walking format, content that survives mobile reading without becoming awkward is content with format flexibility and this site has clearly thought about how it reads across different devices today.
Gingerkex
Found this really helpful, the explanations are simple but they actually answer the questions a normal reader would have, and after I followed modernmarble I had a clearer sense of the topic, no extra fluff just useful points laid out in a sensible order that made the time worth it.
Johnnyhix
A quiet piece that did not try to compete on volume, and a look at stackspoty maintained that selective approach, sites that publish less but better are increasingly rare in an environment that rewards volume and this one has clearly chosen quality cadence over quantity which is a brave editorial decision in current conditions.
JadenSmevy
Good quality through and through, no rough edges and no signs of being rushed, and a quick look at telehealthtools kept the same polish going, the kind of site that respects its own brand by maintaining consistency across pages which is something I always appreciate as a reader looking for trustworthy information online today.
AbrahamTef
Now I want to find more sites like this but I suspect they are rare, and a look at laserloom extended that thought, the few sites that meet this quality bar are precious specifically because they are rare and finding others like them is one of the ongoing projects of careful internet curation across the years.
WestonBek
Nice to see a post that does not try to overcomplicate the basics for the sake of looking smart, and once I looked at ukurban the same direct tone was there too, which honestly makes a difference when you are short on time and want answers without long pointless intros.
fieryplay_jbma
Siedze tu od dobrych paru miesiecy, wiec juz chyba wypada cos dorzucic od siebie. Trafilem tam przypadkiem, bo wkurzalo mnie weryfikacji ciagnacej sie w nieskonczonosc gdzie indziej. To co FieryPlay ma w lobby robi wrazenie objetoscia — w okolicach 2500 tytulow, w wiekszosci Pragmatic Play, Play’n GO, NetEnt plus troche Yggdrasil i paroma rzeczami od Big Time Gaming.
Ja osobiscie najwiecej klikam Sweet Bonanza i Book of Dead, standard, nie ma co ukrywac. Plus za to ze demo dziala bez logowania, sprawdzilem tak ze cztery nowe sloty zanim wrzucilem prawdziwa kase. Sortowanie gier niestety kuleje — po dostawcy da sie filtrowac, ale po volatility juz nie.
Dzial z krupierami stoi na Evolution i to widac. Klasyka: ruletka, blackjack, no i te teleturnieje typu Crazy Time — wieczorami potrafie tam zostac dluzej niz planowalem. Krupierzy realni, w wiekszosci anglojezyczni, polskiego stolu nie znalazlem — mnie to nie rusza, ale rozumiem ze kogos tak.
Bonus powitalny na FieryPlay to byl u mnie 100% do 2000 zl plus 100 FS, nie wszystkie od razu, po czesci. Obrot x35 — ani rewelacja, ani dramat. Widzialem takze drobne no deposit spiny po potwierdzeniu telefonu, ale to raczej okazjonalnie. Warunki przejrzyj zanim klikniesz — promocje rotuja dosc szybko, najnowsze warunki sa opisane na [url=https://swizzpools.com/]fiery play casino[/url] jesli chcesz sprawdzic przed rejestracja.
Rejestracja zajela mi minute, moze dwie, min. depozyt to 20 zl. Wrzucam kase Mastercardem, dostepne sa rowniez Skrill, Neteller i platnosci w BTC. Wyplaty na Skrilla przyszly mi tego samego dnia, karta to juz dwa-trzy dni. Sprawdzanie dokumentow na start — dowod plus rachunek, nic strasznego.
Z komorki lece przez przegladarke, apki nie ma i chyba nie potrzeba. Czat z supportem w FieryPlay odpowiada po polsku dosc szybko, do dziesieciu minut, choc raz trafilem na kogos kto kopiowal gotowce z FAQ. Curacao, tak jak wiekszosc tego typu miejsc — nie jest to najmocniejszy papier na rynku. Limity depozytu da sie ustawic w ustawieniach konta.