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India looks to boost plastic, chemicals and forest goods export

India's export of these products accounts for less than two per cent in the international market

Press Trust of India  |  New Delhi 

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Export of plastics, chemicals, and holds a huge potential for domestic players in the global market, which stands at over $2,000 billion, a senior official on Thursday said.

India's export of these products accounts for less than two per cent in the international market.

Announcing a three-day exhibition of these products in in March, Joint Secretary in said such events help promote shipments of these goods.

Last year, such aggregated at $36 billion and so far this fiscal, shipments of these sectors have recorded a growth of about 12 per cent.

"There is a lot of scope and potential to boost of these sectors. The exhibition will help the industry look for new markets and buyers," he told reporters here.

The event CAPINDIA 2018 is jointly organised by four export promotion councils - shellac & (SHEFEXIL); (PLEXCONCIL); basic chemicals, cosmetics & dyes (CHEMEXIL), and (CAPEXIL).

About 700 exhibitors, 400 overseas buyers from 30 countries and 10,000 visitors are expected to attend the event.

The exhibition is one of the largest sourcing and networking events for chemicals, plastics, construction, and mining industries. is the state partner for the event.

First Published: Thu, January 04 2018. 16:13 IST
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