Page 10 - Plastics News December 2025
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AIPMA AT WORK












               The All India Plastics Manufacturers Association (AIPMA)
                          AIPMA House, A-52, Street No 1, MIDC, Marol, Andheri(E)

                                                  Mumbai - 400093
                             The All India Plastics Manufacturers Association (AIPMA)
                                           AIPMA House, A-52, Street No 1, MIDC, Marol, Andheri(E)
               Budget Recommendations from AIPMA for FY 2026 – 27
                                                        Mumbai - 400093
                              Budget Recommendations from AIPMA for FY 2026 – 27

                 S.No        Recommendations                                 Remark
                                                     India imported goods worth 40,000 cr. under the mentioned HS Codes.
                                                     Also, a study by AIPMA  and subsequent industry discussion in various
                      CHANGE IN TARIFF RATES:        conferences  reveals that  despite India's plastics industry  capabilities,
                                                     significant imports persist. To bolster domestic production and align with
                      a.) The Import duty of plastic finished  "Make In India" and "Atmanirbhar Bharat" initiatives,
                      goods which  are imported  under  HS
                      Codes  from 3916  -  3926  must be  AIPMA propose  to Govt of India:
                      increased to 20%.              To  increase  import  duty  of plastic finished  goods  to  20%.  This  will
                                                     stimulate  local manufacturing, foster  economic  growth, create
                                                     employment opportunities  and self-reliance.
                                                     a.) Indian’s Exports of plastic goods under HS Code 3916 - 3926 have
                                                     shown a declining trend and the major issue is high prices of Indian goods
                                                     in  the  international market  especially compared to China.

                                                     b.) The impact of high tariff rates on raw materials also makes the cost
                      b.)  The  Import  duty of  Plastic raw   of finished goods higher in the domestic market and leads to imports of
                      material which are imported under HS
                      Codes  from 3901  -  3915  shall be   several  products  that  the  Indian  plastic processing  industry does  not
                                                     produce because of price in-competitiveness and low margins. This will
                      decreased to 5%
                                                     affect the growth of the sector.

                 1.                                  AIPMA propose to Govt of India:
                                                     The import duty of plastic raw materials which are imported under HS
                                                     Codes from 3901-3915 shall be decreased to 5%.
                                                     The MSMEs in the plastics sector operate on tight margins and are often
                                                     constrained by limited financial resources. The imposition of duties on
                                                     raw materials  and  machinery  will directly increase their production
                                                     costs. Given that these duties often come in the form of Anti-Dumping
                                                     Duties or Countervailing Duties, these costs will become a significant
                                                     burden for MSME’s in the plastics sector. Imposition of duties will not be
                                                     public interest.

                      c.) Not to impose Anti-Dumping Duty
                      on  Polymers and  Plastic Processing   Imposition of Anti-Dumping Duties or Countervailing Duties on Polymers
                                                     and Plastic Processing Machines and other similar products affect export
                      Machines and other similar products.
                                                     competitiveness  of  Plastic Finished  Products.  We  need high  quality
                                                     Polymers and Plastic Processing Machines at best prices so that India can
                                                     boost its plastic finished products exports.

                                                     AIPMA propose to Govt of India :
                                                     There should  not  be Anti-Dumping  duty on  Polymers  and Plastic
                                                     Processing Machines and other similar products.

             10   PLASTICS NEWS                                                                    December 2025
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