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Plastic exports may jump 20-25% in FY22; Centre's support needed, says PLEXCONCIL Chairman SECTIONS Last Updated: Jul 04, 2021, 01:06 PM IST Share Synopsis The sector is facing tough competition from China, and support from the government on these issues would help us in enhancing competitiveness of domestic goods in international markets, PLEXCONCIL Chairman Arvind Goenka said. Getty Images The country's plastic exports are expected to grow 20-25 per cent to USD 12 billion in the current fiscal year on account of favourable market conditions and increasing demand for domestic goods in key de...

Inverted duty structure refers to taxation of inputs at higher rates than finished products. The country's plastic exports are expected to grow 20-25 % to $ 12 billion in the current fiscal year on account of favourable market conditions and increasing demand for domestic goods in key destinations such as the US and Europe, PLEXCONCIL Chairman Arvind Goenka said. The chairman of Plastics Export Promotion Council of India (PLEXCONCIL) also said though the order books of exporters are healthy, government support is needed in certain areas to further push exports as the sector holds huge poten...

After Covid, countries are reluctant to import edible products from China and India can take its place. It is a good opportunity for India, but we still have a long way to go.

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