At the Plastindia 2023 trade show, there was talk of India as a global supply chain alternative to China. But one executive says the country needs to tamp down on plastics bans to be more appealing.
Vietnamese companies together with about 1,800 ones from 79 countries around the world are participating in the 11th edition of the world’s largest International Plastics Exhibition, Conference, and Convention - PLASTINDIA 2023 that is taking place at Pragati Maidan, New Delhi from February 1-5.
Packaging is the fifth largest sector in India's economy and is one of the highest growth sectors in the country. And to the Packaging Industry Association of India (PIAI), the sector is growing at a CAGR 22% to 25%