MUMBAI, November 16th, 2025 (TGN )
Shri Piyush Goyal Hon’ble Minister of Commerce and Industry was the Chief Guest at PLEXCONCIL’s Export Excellence Awards Ceremony and Platinum Jubilee celebrations in Mumbai on 16th November, marking a historic milestone as the Council completed 70 years of service to India’s plastics export industry.
The Hon’ble Minister of Commerce & Industry presented 148 Export Excellence Awards to outstanding exporters for their achievements during 2023–24 and 2024–25.
“The plastics industry must set its sights high. I urge the sector to work towards achieving a domestic market size of USD 100 billion and export earnings of USD 25 billion over the next five years. With quality, sustainability, technology and greater global engagement, India’s plastics industry can and will reach these milestones.”
— Shri Piyush Goyal, Hon’ble Minister of Commerce & Industry
In his special address, Shri Piyush Goyal urged the plastics industry to take a decisive leap towards ensuring 100% reuse and recycling of plastics, aligning with India’s national sustainability goals and the rising global demand for circular and environmentally responsible products.
The Hon’ble Minister emphasised that India has the capacity and capability to emerge as a world leader in sustainable plastics manufacturing, and called on the industry to invest in advanced technologies, innovative materials, and responsible production practices that reflect India’s commitment to a greener future.
The Hon’ble Minister highlighted the unprecedented market opportunities created by the Government under the visionary leadership of Prime Minister Shri Narendra Modi, particularly through the Free Trade Agreements already concluded and those currently under negotiation with major global economies.
He noted that these FTAs open vast new avenues for Indian exporters, offering improved market access, reduced trade barriers, and enhanced competitiveness across regions such as the UK, EFTA, USA, EU, Oman, Bahrain, and New Zealand.
Shri Goyal encouraged exporters to proactively explore these new markets and strengthen India’s position in global value chains.
Reflecting on the industry’s performance during the COVID-19 pandemic, Shri Goyal praised the plastics sector for demonstrating exceptional resilience and national service by rapidly manufacturing critical products such as medical supplies, PPE components, packaging materials, and essential goods within the country. This, he said, showcased India’s capacity to meet urgent national needs while maintaining global supply commitments.
He further noted that the world today views India as a dependable and trusted global sourcing hub, driven by its quality, reliability, and competitive manufacturing strengths. Shri Goyal urged the industry to build on this momentum by expanding outreach, diversifying product portfolios, and capitalising on the new trade opportunities emerging through India’s expanding FTA network.
Established in 1955 under the aegis of the Ministry of Commerce & Industry, PLEXCONCIL has played a defining role in taking India’s plastics industry to global markets. When the Council was founded, India’s plastics exports stood at USD 16.5 million. Today, they exceed USD 12.5 billion, with Indian plastic products reaching more than 200 countries.
India continues its upward export trajectory—the cumulative value of plastics exports from April to September 2025 touched USD 6,407 million, compared to USD 6,123 million in the same period last year, reflecting 4.6% growth.
Each awardee represents a story of resilience, innovation, and excellence. Their efforts have strengthened India’s exports, advanced technology, generated employment, and reinforced global trust in the “Made in India” brand for quality and reliability. From large manufacturers powering global supply chains to MSMEs driving new-age innovation, the winners reflect the strength and diversity of India’s plastics sector.
Addressing the industry, Shri Goyal underscored that Brand India today stands for trust, quality, and reliability, and highlighted that global buyers increasingly see India as a preferred sourcing destination. He stressed that quality must remain non-negotiable as India rises in global value chains.
Speaking on the occasion, Mr. Vikram Bhadauria, Chairman of PLEXCONCIL, expressed profound gratitude to the Hon’ble Minister and congratulated all award winners. He noted that PLEXCONCIL’s 70-year journey reflects the pioneering spirit of Indian exporters who have built a global presence across 200+ markets.
Mr. Sribash Dasmohapatra, Executive Director of PLEXCONCIL thanked the Ministry of Commerce & Industry for its continued support and reaffirmed the Council’s commitment to enabling exporters through market intelligence, global trade fairs, delegations, and capacity-building initiatives.
The event concluded with a strong sense of pride, optimism, and renewed ambition as industry leaders pledged to work together to position India as a global powerhouse in plastics manufacturing and exports, carrying forward PLEXCONCIL’s seven-decade legacy into a new era of sustainability, quality, and global leadership.
