India’s plastic exports touch $12.5 billion in 2024-25, up 8.7% yoy

Total plastic exports from India touched $12.5 billion in 2024-25 against $11.5 billion in 2023–24, recording a growth of 8.70 per cent.

A media statement by the Plastics Export Promotion Council (PLEXCONCIL) said the growth in India’s plastics exports was driven by strong performances across several key product categories.

Plastic films and sheets saw a growth of 15.9 per cent, increasing from $1,750 million to $2,028 million; while woven sacks, woven fabrics and tarpaulin grew by 16 per cent to reach $1,571 million, up from $1,355 million.

Floor coverings, leathercloth and laminates recorded an increase of 9.9 per cent, totalling $762 million compared to $693 million in the previous fiscal. India’s plastics export markets include the US, China, the UAE and Brazil.

12% growth target for FY26

Quoting Vikram Bhadauria, Chairman of PLEXCONCIL, the statement said India’s plastics export sector has demonstrated remarkable performance. “This growth is a testament to our industry’s innovation, adaptability and strong global demand across diverse product categories and geographies,” he said.

Sribash Dasmohapatra, Executive Director of PLEXCONCIL, said: “With expanding opportunities in emerging markets such as Africa, Latin America and the CIS region, and with critical trade agreements on the horizon, we are confident in achieving our target of 12 per cent export growth for 2025–26.”

To further strengthen global competitiveness and expand market access, Indian plastic sector is advocating for the early conclusion of key international trade agreements. It includes a bilateral trade agreement with the US and free trade agreements with the UK and the European Union. These strategic partnerships are anticipated to significantly boost India’s export capabilities and unlock new avenues for growth, the statement said.

Published on April 29, 2025

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