Opportunities on plastic exports.
Export opportunity for plastic raw material and value added plastic products is bright.
The central government is involved in an effort to create a plastic park in Mangalore.
This plastic park is expected to come into use very soon.
China is the largest buyer of plastic products from India.
Exports of plastic raw materials last year stood at $ 3.29 billion.
Not only this, plastic molded materials, plastic film roll, molded soft luggage products, stationery, plastic bags, PVC tubes, plastic sheets, plastic packaging materials, sanitary ware, electrical equipment, medical and surgical materials, many items used to make equipment, such as fish nets, have been exported.
The high availability of plastic raw materials in India is the reason for our high exports.
We do not have to rely on imports for plastic raw materials, but China imports plastic raw material from us and manufactures various plastic products and toys at low prices and re-exports them to us.
Plastic raw materials are plastic polypropylene, polyethylene, etc.
The Central Government is setting up ten plastic parks across India to increase plastic production and exports.
Of these, 6 parks are fully accredited.
Plastic parks are being set up in Assam 1, Madhya Pradesh 2, Odisha, Tamil Nadu and Jharkhand 1 each.
China is the largest exporter of value-added plastic products.
Second place goes to Germany.
In third place is the United States.
In fourth place is Italy.
In fifth place is France.
India is in the twenty-eighth place.
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