|
While Indian plastics consumption in 2000-2001
did not show the spectacular growth of earlier years, exports have
grown to US$ 714 million from US$ 598 million in 1999-2000.
The plastic moulded /extruded products and polymer raw materials
have grown from US$ 308 million to almost US$ 492 million, illustrating
almost 60% growth in these two areas. Infact, these two and three
other products like woven sacks/fabrics, polyester films and writing
instruments have more than 85% share of the total exports. These
five products have indeed shown an impressive growth of 31% in the
last year inspite of the fact that Polyester film exports have been
reduced by 48%. The wovensacks as well as writing instruments have
also achieved negative growth of almost 11%. All other products
in addition to the above have also shown negative growth of 19%.
PVC products including floorcovering had a poor year. These products
exports have reduced from US$ 36 million to almost US$ 18 millions
(a reduction of almost 50%).
| |
April 1999 - March 2000 |
April 2000 - March 2001 |
Growth |
| |
Millions of US$ |
% |
Millions of US$ |
% |
% |
|
Raw Materials
|
109 |
(18) |
161 |
(23) |
48 |
|
Moulded/Extruded Products
|
199 |
(33) |
331 |
(46) |
66 |
|
Wovensacks/ fabrics/ bags
|
43 |
(7) |
38 |
(6) |
-11 |
|
Polyester film
|
70 |
(12) |
37 |
(5) |
-48 |
|
Writing Instruments
|
41 |
(7) |
37 |
(5) |
-11 |
|
|
462 |
(77) |
604 |
(85) |
31 |
|
All other Products
|
136 |
(23) |
110 |
(15) |
-19 |
|
|
598 |
(100) |
714 |
(100) |
19.5 |
The excess raw material capacity has helped in achieving US$ 52
million additional exports out of the total of US$ 116 million (45%
increase). It is quite possible that raw materials may continue
to play an important role in exports during this year.
Infact the plastics processed products have grown by 13% in 2000-01
from 1999-2000 which is marginally higher than the growth in local
consumption.
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