Paper INdustry

Paper Industry to Capture 25% Market Share of `80,000 Crore Single Use Plastics by 2025

India generated 26,000 tonnes per day of plastic waste in 2017-18, of that only 60 per cent was recycled and the rest ended up as litter on roads, in landfills or streams. Single use plastic industry is close to `80,000 crore right now and growing. Packaging accounts for a third of India’s plastic consumption, and 70 per cent of plastic packaging is turned into waste in a short span.