Plastic Exhibition, India - Plastindia 2009

About Plastindia 2009

The Global Future of Plastics

Global Plastic Consumption is projected to go up to 150 MMT. by 2010

World packaging consumption: By 2009, Rigid plastics global consumption will be US$ 120 bn. and Flexible plastics global consumption will be US $70 bn. With this global consumption of plastics in packaging will be US $ 190 bn. & 2nd to Paper and Board, exceeding US $210 bn.

Why India

	India has the highest number of billionaires in Asia and fourth highest in the world. There are 36 billionaires in India, which makes it next only to US, Russia and Germany.

	India has emerged as the world's fastest growing wealth creator, thanks to a buoyant stock market and higher earnings.
	Forty-four per cent of the Top 100 Fortune 500 companies are present in India.
	India has joined the elite club of 12 countries with a trillion dollar economy, thanks to the continuing rally in rupee against the US dollar
	According to a study by the McKinsey Global Institute (MGI), India's consumer market will be the world's fifth largest (from twelfth) in the world by 2025.
	India has emerged as one of the most attractive investment destinations in the world with an annual return of 38.36 per cent, which is the second highest in BRIC economies
	The economy has grown at an impressive growth rate of 9.4 per cent during 2006-07 as against 9 per cent in 2005-06.
	There has been an exceptional growth rate in some specific industries, like commercial vehicles at 17.9 per cent, telephone equipment sector by 43.5 per cent, passenger growth in civil aviation by 32.2 per cent and information technology by 31 per cent (in revenue terms.)
	The annual inflation rate in terms of WPI was 4.27 per cent for the week ended June 30, 2007 as compared with 5.21 per cent a year ago.

India Opportunities

The Indian Plastics Industry has been growing at a phenomenal rate of 15% over the years and with its true potential harnessed, it is all set to reach the 12.5 MMT consumption mark, making India the 3rd largest consumer of plastics by 2010. To match this figure, India would require 30,000 new machines and around US $ 9.5 billion of project investment.

The Electronics, Packaging, Healthcare, Consumer Durables and Telecommunication are fast growing sectors of Indian economy offering growth for plastics consumption.

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