Go to Video Section

India's plastics sector dealing with growth, challenges

In spite of India’s recent economic downturn, there was optimism at the recent Plastivision trade show in Mumbai. Plastics consumption in India is expected to double by 2020, to 20 million metric tons. Major end use markets like automobiles are growing. Car production in India is expected to also double to 6 million a year in that time. Plastics News China-based journalist Steve Toloken spent 5 days at Plastivision and filed this video report.

Published: February 12, 2014 4:02 pm ET
Updated: February 12, 2014 4:27 pm ET

India’s Plastivision 2013 trade show kicked off in Mumbai in December with 1,500 exhibiting companies and, organizers said, 100,000 attendees. It’s the country’s second-largest plastics fair.

In spite of India’s recent economic downturn, there was optimism, with plastics consumption in the country expected to double by 2020, to 20 million metric tons. Major end use markets like automobiles are growing. Car production in India is expected to also double to 6 million a year in that time.

But there were signs of trouble. More so than at previous fairs, India’s plastics associations were asking for higher tariffs to protect themselves from imports. And some Indian government officials urged the industry to do more to respond to environmental concerns.

India’s industry has some well-known companies, like plastics maker Reliance Industries and industrial conglomerate Tata Group, maker of the ultra-budget Nano car.

But it also has a lot of small, undercapitalized companies, and its plastics consumption per capita is among the lowest in Asia — one-fifth of China’s and below most of Southeast Asia.

Plastics News China-based journalist Steve Toloken spent 5 days at Plastivision and filed this video report.

Market Reports

Trends in Resin Distribution

The growth of the North American resin distribution market is undeniable - and industry analysts are confident that growth will continue in 2015 and beyond.

This new report analyzes market trends and provides data on historical sales trends for PE (distribution and resellers), PolyOne Distribution figures, U.S. ethylene expansions based on shale gas and natural gas production by category to 2035.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events