In the face of global economic challenges and geopolitical tensions, India’s plastic exports have declined by 3.5% in FY24, falling to $11.55 billion from $11.96 billion in FY23. Despite a moderate growth of 5.6% in March 2024, to $1.11 billion, the overall decline reflects the impact of subdued global demand and trade restrictions. While certain sectors like cordage, fishnets, and monofilaments have shown resilience, the overall contraction in merchandise exports underscores the need for sustained efforts to boost exports and navigate the evolving global trade landscape.