Page 48 - Plastics News June 2026
P. 48
FEATURE NEWS
are creating demand for precision moulded tend battery range. This shift presents signifi-
products that meet stringent quality standards. cant opportunities for moulders specializing in
These trends are collectively generating sus- high-performance engineering plastics. Industry
tained demand for injection moulding capacity analysts expect automotive plastics consump-
across India. tion to grow steadily over the next decade, cre-
Automotive Sector Leads Demand ating strong demand for sophisticated injection
moulding solutions.
The automotive industry remains one of the larg- Consumer Goods and Electronics Fuel Expan-
est consumers of injection-moulded plastic com- sion
ponents. Modern vehicles contain hundreds of
plastic parts, including bumpers, instrument pan- India's growing middle class is driving demand
els, door trims, lighting systems, air-conditioning for consumer durables, home appliances, and
electronic products.Every refrigerator, washing
machine, television, air conditioner, and smart-
phone contains multiple injection-moulded com-
ponents. As disposable incomes rise and prod-
uct penetration deepens in Tier-II and Tier-III
cities, moulders are witnessing growing order
volumes.
The government's Production Linked Incen-
tive (PLI) schemes have also encouraged in-
vestments in electronics manufacturing. Global
brands and contract manufacturers establishing
production facilities in India require reliable local
suppliers of plastic components.
components, and under-the-hood applications.
With electric vehicle adoption accelerating, the Several moulding companies in Gujarat, Maha-
use of lightweight plastics is becoming even rashtra, Tamil Nadu, and Karnataka have ex-
more important. panded capacities to cater to this demand.
Many are investing in automation, robotics, and
For example, leading automotive suppliers in in-
dustrial clusters around Pune, Chennai, Sanand, quality-control systems to meet international
standards. The electronics sector is expected to
and Gurugram are investing in advanced mould-
ing systems capable of producing complex com- become one of the fastest-growing markets for
precision injection moulding over the next five
ponents with tighter tolerances and reduced
weight. years.
Packaging Remains a Growth Driver
Electric vehicle manufacturers are increasingly
replacing metal components with engineered Packaging continues to account for a significant
polymers to improve energy efficiency and ex- share of plastics consumption in India. The food-
50 PLASTICS NEWS June 2026
