The report by Jefferies highlighted India's lag in pipe consumption compared to developed regions like the US, Europe, and China
A report this month alleged that oil and chemicals companies "perpetuated a decades-long campaign of fraud and deception about the recyclability of plastics
Plastics industry groups have called for a focus on recycling
India's share in the $1 trillion global plastic exports market is 1% currently, while China's is as much as 10%
During the first half of FY18, cumulative value of India's plastics exports witnessed a positive growth of around 9.5%