India is poised to significantly expand its plastic production capacity to meet rising domestic demand. Driven by rapid industrialisation, urbanisation and a growing manufacturing sector, the country will account for around 20 percent of global plastic production capacity growth by 2030, according to a report by GlobalData.
Demand for plastic in India is largely driven by the packaging sector, which is benefiting from booming e-commerce and retail. The automotive industry is also increasingly focussing on plastic, while consumer goods, electronics and the healthcare sector are also contributing significantly to rising demand. Nivedita Roy, analyst at GlobalData, explains that plastic production in India is demanded by a wide range of industries, with packaging accounting for the largest share.
Infrastructure and government initiatives
Large-scale infrastructure projects such as smart cities and transport corridors require large quantities of versatile plastic materials. In addition, government-backed initiatives such as „Plastic Parks“ promote local production and innovation, which should reduce dependence on imports and strengthen export capabilities. These measures should help India maintain its position in the global plastics industry.
Companies and projects
Large companies such as Reliance Industries and Bharat Petroleum Corp are driving the expansion of plastic production capacities in India. Together, they are working to meet rising demand and reduce dependence on imports. The GlobalData report highlights that from 2026 to 2030, India will add a total of 27 million tonnes per year of new capacity from 22 ongoing and 28 planned projects.
SourceGlobalData
