Budget 2025: Plastics manufacturers' body seeks PLI scheme to help scale up global presence

Union Budget 2025: All-India Plastics Manufacturers' Association has urged the government to introduce a production-linked incentive scheme for the plastics sector. They also requested a reduction of GST to 'nil' for plastic waste and recycling machinery, lowering GST on recycled plastic granules, and providing subsidies for recycling equipment. This aims to increase India's share in the global plastics market.