Tag: India plastics

India: Polymer supply gap set to more than double to nearly 8 mt by FY31

Oct 7, 2026

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by

Manvendra Chauhan

in Naphtha, PET, Polyethylene, Polypropylene, Polystyrene, PTA, PVC

India’s import dependence projected to rebound to 33% by FY31 Capacity additions lag demand growth despite growing project pipeline India consumed 16.8 million tonnes (mnt) of commodity polymers in Financial Year (FY) 2025, against domestic production of 13.4 mnt. Imports of 4.2 mnt, net of 0.7 mnt of exports, closed the 3.4 mnt gap. The…