The commerce ministry has urged the plastic industry to formalise an export strategy to double its share in the overall merchandise exports, from less than 3 per cent at present.
Speaking on the sidelines of an exports award function here, Union Ministry of Commerce & Industry joint secretary Shyamal Misra told PTI, "It (plastic exports) was less than 3 per cent of overall merchandise exports in FY18 and we need to work towards doubling this share."
Calling upon the industry to sit together and formalise an export strategy to take the plastic exports to the next level, he said, "Plastic exports have phenomenal potential and we need to enhance the presence in existing markets namely France, Japan, Germany and discover new markets such as Latin America, Africa, CIS and Asia."
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