Industry’s production value grows 7% in 2016 to INR2.5 trillion
Growing purchases from domestic transportation, automotive and electronics industries drive plastic production growth
Plastic packaging production accelerates in 2016, lifted by rising consumption and well-performing domestic FMCG industries
Rising spending on infrastructure projects contributes to increasing demand for plastic building materials and augments plastic products’ production value
Industry forecast to see 10% CAGR over 2016-2021 thanks to rising consumption of plastic materials and strong demand for plastics in manufacturing, FMCG and construction industries
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