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Home National Gujarat Ahmedabad

With govt aid, AIPMA sets ambitious mission of quadrupling export of finished plastic products in 3 years

by Nav Jeevan
7 months ago
in Ahmedabad, America, Atmanirbhar Bharat, Brazil, Breaking News, Britain, Business, Canada, China, consumers, Employment Opportunities, France, Germany, Gujarat, Japan, Malaysia, Maritius, Mauritius, Mexico, MSMEs, National, Saudi Arabia, Saurashtra, South Africa, South Korea, Sri Lanka, Sweden, Switzerland, United Arab Emirates, Vietnam, World, Youth
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With govt aid, AIPMA sets ambitious mission of quadrupling export of finished plastic products in 3 years

(Sitting left to right) AIPMA President Manoj R. Shah and Chairman of AIPMA Governing Council Arvind Mehta, along with (standing) AIPMA Vice President-Finance  Sunil Shah, VP-West Zine Bipin Desai and other office-bearers in Ahmedabad on Wednesday-NE photo

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  • India’s share in the $1.3 trillion global plastic market is just $12.5 billion
  • Over 50,000 MSMEs, 4.6 million jobs, and exports to 125 countries – India’s strength
  • International conferences in Ahmedabad on August 22 and Mumbai; ‘PlastiWorld’ exhibition to open global doors
  • We are preparing highly skilled and talented professionals for India’s rapidly advancing plastic industry
  • With over 50,000 operational units nationwide, the sector employs around 4.6 million people directly and indirectly

NE BUSINESS BUREAU

AHMEDABAD, AUG 20

Stating that India’s plastic industry is no longer just about manufacturing – it is emerging as a symbol of quality, innovation, and global confidence. With the right strategy, robust government support, and entrepreneurial spirit, India is moving rapidly toward becoming the “Vishwaguru of Plastics,” Arvind Mehta, Chairman of The All-India Plastics Manufacturers’ Association (AIPMA) Governing Council, announced an ambitious strategy to boost the country’s Export of Plastics finished products by four times over the next three years.

AIPMA President Manoj R. Shah addresses the media while Chairman of AIPMA Governing Council Arvind Mehta looks on in Ahmedabad on Wednesday-NE photo

Speaking with the media here on Wednesday, Bhismapitha of Indian Plastic Industry Arvind Mehta said, “India is poised to take a decisive leap in the global plastic trade under the vision of ‘Make in India, Make for the World.’ This is not just an expansion of trade, but a National Mission to position India as a global plastics hub.”

Arvind Mehta said, “While the global trade in finished plastic goods stands at approximately $1.3 trillion, India’s share is only $12.5 billion – a mere 1.2% of the total. For instance, the United States alone imports plastic products worth $72.35 billion, but India contributes only 1.2% to that volume. This growth can catalyze the setup of 2–3 new polymer plants, 100% expansion in plastic machinery and ancillary units, and a surge in MSME-led manufacturing. More entrepreneurs will join, boosting jobs and skill demand. Timely Government of India support is crucial. Insights from China’s Canton Fair show how strategic policy can transform exports.”

The plastic industry in India is largely MSME-driven. With over 50,000 operational units nationwide, the sector employs around 4.6 million people directly and indirectly. According to AIPMA, if the export targets are achieved, employment opportunities could increase to 6 million.

AIPMA President Manoj R. Shah stated, “This is not just about trade; it’s about empowering lakhs of MSMEs, generating employment across the country, and transforming India into a global centre for finished plastic products.”

He added that AIPMA’s Export Cell analysed 21 countries with 9 HSN codes showing our finished plastic product exports v/s China v/s Vietnam. The highlighting point is that India is exporting 1.2% of finished plastic products v/s 22% of China & 4% of Vietnam in many countries. Our study of 21 countries include USA, China, Germany, Mexico, France, Italy, UK, Canada, Poland, Netherlands, Turkey, Japan, Spain, Belgium, UAE, Brazil, Chile, Ethiopia, Ghana, Kenya & Nigeria and 9 HSN code chapters 39/56/63/85/87/90/94/95/96.

The Study was held over a 14-month period between 2021 and 2023. The study concluded that India holds strong potential to replace countries like China and Vietnam – particularly by offering competitive quality and pricing.

To accelerate this mission, AIPMA has organised three major international conferences in 2025 – the first conference was held in Delhi on July 17, 2025, the second in Ahmedabad on August 22, 2025 and the third in Mumbai on September 17, 2025.

These gatherings will bring together Exporters, Policymakers, Global buyers, and Trade experts on one platform to foster strategy, networking, and collaboration.

Additionally, by the end of the year, AIPMA will launch PlastiWorld 2026 Exhibition to be held from 23rd March to 26th March 2026 at Jio World Convention Centre, Mumbai India. India’s first International Exhibition exclusively dedicated to Plastics finished products. From household goods to Health, medical, automotive, and sports plastics, a wide range of products will be showcased to global buyers.

Highly skilled and talented professionals

AIPMA President Manoj R. Shah stated that they were preparing highly skilled and talented professionals for India’s rapidly advancing plastic industry. He added that their institution was established to provide exceptional manpower and skill enhancement for the plastic manufacturing sector, and that it was a matter of great pride that they achieved this.

AIPMA’s Advanced Manufacturing Technology Excellence Centre (AMTEC) is actively Training and Upskilling India’s young talents in areas such as prototyping, tool design, and product innovation. In partnership with the Federation of Indian Export Organisations (FIEO), AIPMA is laying the foundation for a competitive, trustworthy, and innovation-driven export ecosystem.

Plastic parks & govt subsidy 

These plastic parks are being developed by State Governments with the support of Department of Chemicals & Petrochemical of Ministry of Chemicals and Fertilizers. These parks have great potential for attracting investments and generating more employment opportunities for the local population. AIPMA has been instrumental in setting up these plastic parks. The Centre gives 50% of the cost or ₹40 crore as subsidy for setting up these parks.

The government has committed ₹3,000 crore for the rollout of the Plastic Industry Subsidy 2025, targeting 15,000 MSMEs by the end of the financial year. Industry bodies such as FICCI and CIPET are also involved in handholding, training, and ensuring compliance.

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