Driven by mounting consumer demand for sustainable products and tighter regulations on plastic use, the global recycled plastics industry is on track to nearly double—from roughly $69.4 billion in 2023 to an estimated $120 billion by 2030, growing at an 8.1 percent annual pace . Major markets such as packaging,...
India generates an enormous amount of plastic waste, with inadequate infrastructure for proper disposal and recycling leading to a threat to the environment and human health. The government has taken several steps to address the issue such as ban on single-use plastic in certain regions and promoting recycling initiatives. But,...
Rajagopalan Vasudevan, professor at Thiagarajar College of Engineering and popularly know as the Plastic Man of India, firmly believes that the entire debate around banning plastics is futile, considering their importance to India’s economy and business. The solution lies in better management of the plastic value chain, use of smarter...
• All global efforts to cut down on the use of plastics were put on a halt with the onset of COVID-19. • According to UNICEF, during Q1 2020, the UN delivered over 6.4 million gloves, 1.8 million surgical masks, and 1 million gowns to countries across the world. Thanks...
Sourabh Manuja, Fellow, The Energy and Resources Institute (TERI), opines that though, there are numerous advantages of plastics in this pandemic era, we must not forget the consequences of growing plastic pollution on land and environment. Nevertheless, the solution is not to move towards ‘plastic less’; rather we should move...
India Business & Trade is a thought leadership initiative of the Trade Promotion Council of India, a premier trade promotion body recognised by the Department of Commerce, Government of India.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved
