World News

India plastics production surges

India is set to significantly expand plastics production, adding 27.01 mtpa from 50 upcoming projects by 2030, accounting for around 20 per cent of global capacity additions.

Rapid industrialisation, urbanisation, and strong demand from packaging, automotive, consumer goods, electronics, and healthcare sectors are driving growth.

Infrastructure projects and government initiatives like "Plastic Parks" support local manufacturing and exports.