Indian plastics processing industry to reach 22 MMTPA by FY20: Report

The government policy to push investment in infrastructure is expected to lead to rise in consumption of plastic products in the country, according to a knowledge paper - ‘Sustainable infrastructure with plastics’ – jointly prepared by FICCI and Tata Strategic Management Group (TSMG).

“With Government's current campaign on 'Make in India' which has a special focus on the chemical industry and aims to turn the country into a global manufacturing hub, a tremendous growth in the plastic processing sector is expected especially in downstream industries. The government should not hesitate to provide better infrastructure and favourable policies. With a step already