A. K. Basak, Chairman, PLEXCONCIL, said, "United States, China and the United Arab Emirates were top-3 destinations for India's plastic products during 2017-18. These three countries accounted for 25.7% of India's plastic product exports, by value. PLEXCONCIL had been targeting to breach the US$ 1 billion export mark to the United States and we achieved this milestone in FY18. PLEXCONCIL is targeting an export value of USD 10.6 billion in 2018-19 and by 2025, PLEXCONCIL is expected to increase India's share in the global plastics export market (worth US$ 850 billion) to 3.0% from the current size of less than 1.0%".

Basak further said, "The target is difficult, but achievable, and the council intends to take concerted efforts towards this front with the assistance of its members through upgradation in technology, increased R&D spend, and innovative marketing strategies directed towards increased export of value-added plastic products from India. Besides the council also intends to bring-in new businesses into the export fold by creating awareness for exports."

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