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Indian plastics exports will soon increase

Source: China Chemical Industry News | Author: Zhu Yongkang | Release Date: 2014-10-08


According to the British "Plastics & Rubber Weekly" news recently, the Indian plastics industry officials said recently that in 2019 the countrys plastics exports are expected from the current level of about $ 8 billion to $ 15 billion increase.


Plastic Export Promotion Council of India executive director of R · P · Kalayanpur said the new products into existing and emerging markets will help boost the industry. He said that Indias largest plastics market is the European Union and the United States exports. The next few years, the export growth rate will be higher.


Kalayanpur said, in 2015, the countrys plastics exports may increase to $ 9.5 billion, by the end of 2019 will reach $ 15 billion. He also revealed that India is seeking "cutting edge technology upgrade plan" to help build plastics trade zone to encourage the plastics industry to expand exports.


 

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