Paper Industry To Capture 25 Pc Market Share Of Rs 80,000 Cr Single Use Plastics By 2025

New Delhi: Amid a growing debate over the impact of single-use plastics on the environment, paper offers a sustainable option and can capture a fourth of the Rs 80,000 crore single-use plastics market by 2025, if its use is totally banned by the government, a new study said. India generated 26,000 tonnes per day of […]

Paper-factory

New Delhi: Amid a growing debate over the impact of single-use plastics on the environment, paper offers a sustainable option and can capture a fourth of the Rs 80,000 crore single-use plastics market by 2025, if its use is totally banned by the government, a new study said.

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. The single-use plastic industry is close to Rs 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.