India has seen a\nsurge in demand in the plastic industries over the period of last 20 years. According\nto recent reports, the per capita consumption of India is 11 kg as compared to\n28 kg of the world. As if now, the plastic manufacturing industry comprises\nover 30,000 units which are involved in producing various types of items.\nPlastic Injection moulding businesses are involved in the production of various\nproducts, including Automobiles, Household products, Electrical appliances and\nplastic furniture etc.<\/p>\n\n\n\n
The main plastic\nprocessing technology in India includes Plastic Injection moulding business,\nwhich constitutes 58% of the market; extrusion, which includes 30% of the\nmarket; blow Moulding, which comprises 10% of the market and others, which is\n2% of the market. <\/p>\n\n\n\n
The plastic market\nin India has now developed to dominate the market consisting of 30.000 firms\nwith employees of 4 million, making India one of the top exporters of the\nplastic products exporting to around 150 countries. The exported plastic\nproducts may include raw materials, electronic accessories, consumer goods,\nlaminates and medical ware. If we look at statistics over the last five years,\nthe industry has grown by 13% annually. <\/p>\n\n\n\n