Top 10 Plastic Products Manufacturing Companies in India

Today, India is one of the largest producers and consumers of plastic products globally. The industry is characterized by a mix of large-scale manufacturers and small and medium enterprises (SMEs), catering to both domestic and international markets.

Plastic products have become an integral part of our lives, with a wide range of applications in various industries such as packaging, construction, automotive, healthcare, and consumer goods. India has emerged as a leading manufacturer of plastic products, with its robust manufacturing sector and vast pool of skilled labor. This blog post will explore the top 10 plastic products manufacturing companies in India, their product offerings, and the benefits they offer.

Top Plastic Products Manufacturing Companies List by Market Capitalisation

India has emerged as a major player in the plastic product manufacturing industry. With the rapid advancements in technology, the Indian plastics industry has witnessed significant growth, producing a wide range of products to meet the needs of various industries. In this blog post, we will explore the top 10 plastic product manufacturing companies in India by Market Capitalisation.

1. Supreme Industries Ltd

• Market Cap: ₹ 69482.44 Cr.
• Sales (latest quarter): ₹ 3007.89 Cr.
• Net Profit (latest quarter): ₹ 354.82 Cr.
• Quarterly profit growth: -1.28 %
• Exchange: BSE, NSE
• Official Website: supreme.co.in

Supreme Industries Ltd is a leading conglomerate in India that operates in various fields, including textiles, packaging, cement, and agriculture. With a diverse range of products and a strong presence in the Indian market, the Supreme Group has become a force to be reckoned with.

Founded in 1970, Supreme Industries Ltd has grown exponentially over the years to become one of the largest companies in India. The company's initial focus was on textiles, but it soon expanded into other sectors to ensure sustainable growth. Today, the Supreme Group operates across various industries, including packaging, cement, agriculture, and real estate.

One of the core businesses of Supreme Industries Ltd is its packaging division. With state-of-the-art manufacturing facilities and a skilled workforce, the company produces high-quality packaging materials for various industries such as food, pharmaceuticals, and FMCG. Supreme Industries Ltd's packaging products are known for their durability, sustainability, and cost-effectiveness.

2. Astral Ltd

• Market Cap: ₹ 57956.29 Cr.
• Sales (latest quarter): ₹ 1625.1 Cr.
• Net Profit (latest quarter): ₹ 181.3 Cr.
• Quarterly profit growth: -9.69 %
• Exchange: BSE, NSE
• Official Website: astralpipes.com

Astral began manufacturing polymer piping systems in 1998 for domestic and industrial use. First to introduce CPVC piping in India, Astral introduced a wide range of products in the Pipes category and diversified into other business categories within the Building Materials industry at the same time. Astral's commitment to quality and innovation across the product line led to incessant growth. We have become a household name in the building materials industry today.

In the industry, Astral stands for innovation and setting new trends. Additionally, Astral is known for its high-quality products that exceed consumers' expectations. Since introducing new technologies and introducing new brand communications in the category, Astral's brand mission has been to maintain and grow a commanding presence in the minds of customers and to consistently deliver promised values.

3. Finolex Industries Ltd

• Market Cap: ₹ 20407.53 Cr.
• Sales (latest quarter): ₹ 1235.42 Cr.
• Net Profit (latest quarter): ₹ 161.43 Cr.
• Quarterly profit growth: 1.95 %
• Exchange: BSE, NSE
• Official Website: finolexpipes.com

Finolex Industries Ltd is a leading Indian company involved in the manufacturing and marketing of plastic products. With a strong commitment to customer satisfaction and innovation, Finolex Industries Ltd has become a major player in the industry.

Established in 1986, Finolex Industries Ltd has come a long way since its inception. The company started its operations by making PVC water pipes and has since expanded its product range to include a wide range of plastic products.

Finolex Industries Ltd offers a wide range of products that are widely used across various industries. Some of their key products include PVC Pipes, HDPE Pipes, CPVC Pipes, Electrical Conduit Pipes, SWR Pipes, Plastic Sheets, and Other Plastic Products including plastic furniture, buckets, and packaging materials.

4. Safari Industries (India) Ltd

• Market Cap: ₹ 9373.07 Cr.
• Sales (latest quarter): ₹ 365.42 Cr.
• Net Profit (latest quarter): ₹ 43.19 Cr.
• Quarterly profit growth: 13.42 %
• Exchange: BSE, NSE
• Official Website: safaribags.com

Safari Industries (India) Ltd is a leading manufacturer and exporter of plastic products and furniture in India. With a strong focus on quality and customer satisfaction, the company has established itself as a trusted brand in the industry.

Safari Industries was founded in 1981 by a group of entrepreneurs with a passion for innovation and excellent customer service. The company quickly gained popularity due to its high-quality products and commitment to customer satisfaction.

Safari Industries offers a wide range of plastic products and furniture suitable for various applications. Some of their key products include Plastic Containers, Furniture and Outdoor Gear.

Safari Industries has a strong market presence in India and has customers in various sectors, including retail, hospitality, healthcare, and education. The company exports to various countries globally, including Europe, North America, and Australia. Their products are known for their durability, aesthetic appeal, and competitive prices.

5. Responsive Industries Ltd

• Market Cap: ₹ 8286.16 Cr.
• Sales (latest quarter): ₹ 288.19 Cr.
• Net Profit (latest quarter): ₹ 45.87 Cr.
• Quarterly profit growth: 101.72 %
• Exchange: BSE, NSE
• Official Website: responsiveindustries.com

Responsive Industries Ltd is a leading manufacturer and exporter of high-quality industrial products. With a strong commitment to innovation and sustainability, we strive to deliver solutions that meet the demands of today's dynamic markets.

At Responsive Industries Ltd, we offer a wide range of products to meet the diverse needs of various industries. From heavy machinery to specialized components, our products are designed and manufactured with precision and excellence.

6. V I P Industries Ltd

• Market Cap: ₹ 6960.13 Cr.
• Sales (latest quarter): ₹ 516.32 Cr.
• Net Profit (latest quarter): ₹ -23.88 Cr. 
• Quarterly profit growth: -160.23 %
• Exchange: BSE, NSE
• Official Website: vipindustries.co.in

V I P Industries Ltd is a leading manufacturer and exporter of high-quality industrial products. With a strong focus on innovation and customer satisfaction, we strive to deliver cutting-edge solutions that meet the demands of various industries.

Established in 1968, VIP Industries Limited is one of the world's leading manufacturers and retailers of luggage, backpacks, and handbags, and a leader in the organised luggage market in India. With over 45 countries supplying our products, we have a strong global footprint in addition to India.

Market-leading brands, in-house manufacturing capabilities, and a wide distribution network power our operations. We have revolutionized the luggage and travel categories since our inception through continuous product innovation and adherence to quality and international aesthetics.

V I P Industries Ltd offers a wide range of products to meet the diverse needs of various industries. Some of their key products include Metal Fabrication, Electrical Equipment, Automotive Components, and Mining Equipment.

7. Prince Pipes & Fittings Ltd

• Market Cap: ₹ 6864.18 Cr.
• Sales (latest quarter): ₹ 740.13 Cr.
• Net Profit (latest quarter): ₹ 54.65 Cr.
• Quarterly profit growth: -41.94 %
• Exchange: BSE, NSE
• Official Website: princepipes.com

Prince Pipes & Fittings Ltd is a leading Indian manufacturer of pipes and fittings. The company offers a wide range of products, including water pipes, sewage pipes, drainage pipes, and plumbing accessories. With a strong focus on innovation, quality, and customer service, Prince Pipes & Fittings has established itself as a trusted brand in the plumbing industry.

Prince Pipes & Fittings Ltd was founded in 1987 and is headquartered in Mumbai, India. Over the years, the company has expanded its manufacturing facilities and distribution networks to become one of the largest players in the plumbing sector. With a commitment to quality and customer satisfaction, Prince Pipes & Fittings has gained recognition for its range of reliable and high-quality pipes and fittings.

Prince Pipes & Fittings offers a wide range of products to cater to different plumbing requirements. The company's product portfolio includes Water Pipes, Sewage Pipes, Drainage Pipes, and Plumbing Accessories.

8. Shaily Engineering Plastics Ltd

• Market Cap: ₹ 2945.14 Cr.
• Sales (latest quarter): ₹ 170.56 Cr.
• Net Profit (latest quarter): ₹ 19.34 Cr.
• Quarterly profit growth: 94.76 %
• Exchange: BSE, NSE
• Official Website: shaily.com

Shaily Engineering Plastics Ltd is a leading manufacturer and exporter of engineering plastics in India. With a strong commitment to quality and customer satisfaction, we are dedicated to delivering innovative and cost-effective solutions to meet our customers' specific requirements.

At Shaily Engineering Plastics Ltd, we offer a wide range of high-quality engineering plastics, including Polypropylene (PP), Polycarbonate (PC), Polyethylene (PE), Polystyrene (PS), ABS (Acrylonitrile Butadiene Styrene) and Polyamide (PA).

9. Apollo Pipes

• Market Cap: ₹ 2768.39 Cr.
• Sales (latest quarter): ₹ 245.79 Cr.
• Net Profit (latest quarter): ₹ 6.52 Cr.
• Quarterly profit growth: -56.62 %
• Exchange: BSE, NSE
• Official Website: apollopipes.com

Apollo Pipes Ltd is a leading player in the manufacturing of pipes and fittings for the construction and plumbing industries. With a strong focus on innovation and quality, the company has established itself as a trusted brand in the global market.

Apollo Pipes Ltd offers a wide range of pipes and fittings for various purposes, including water supply, sanitation, irrigation, and industrial applications. The company's products are known for their durability, reliability, and superior-quality materials.

10. Nilkamal Ltd

• Market Cap: ₹ 2726.32 Cr.
• Sales (latest quarter): ₹ 834.19 Cr.
• Net Profit (latest quarter): ₹ 35.57 Cr.
• Quarterly profit growth: -26.34 %
• Exchange: BSE, NSE
• Official Website: nilkamal.com

Nilkamal Limited is a leading furniture manufacturer in India. With an extensive product range spanning across different categories, Nilkamal has established itself as a trusted brand in the furniture industry. 

Nilkamal Limited was founded in 1951 by Late Shri R. K. Poddar. The company began its operations by producing plastic furniture and has since expanded its range of products to include steel, fiber, and wood furniture.

Nilkamal offers a wide range of furniture products for homes, offices, and outdoor spaces. Some of their products include Plastic Furniture, Steel Furniture, Fiber Furniture, and Wood Furniture.

In Plastic Furniture, Nilkamal offers a wide range of plastic furniture, including chairs, tables, sofas, and dining sets. Their plastic furniture is known for its durability, lightweight, and low-maintenance nature.

Benefits of Plastic Products Manufacturing in India

Plastic product manufacturing in India offers several benefits, both to the manufacturers and the end consumers.

One of the key benefits is the low cost of production. India has an abundance of cheap labor, allowing plastic products to be produced at a relatively lower cost compared to other countries. This not only makes plastic products affordable for consumers but also creates opportunities for manufacturers to price their products competitively in the global market.

Another advantage of plastic product manufacturing in India is the abundance of raw material availability. India has significant reserves of crude oil, natural gas, and other raw materials required for the plastic manufacturing process. This not only ensures a steady supply of raw materials but also enables manufacturers to source materials at competitive prices.

Furthermore, India's geographic location provides easy access to both domestic and international markets. The country's strategic location provides easy export opportunities for plastic products, especially to neighboring countries. Additionally, the close proximity of the Indian market allows manufacturers to cater to domestic demand efficiently.

However, plastic product manufacturing in India also faces its fair share of challenges. One of the main challenges is waste management and recycling. With increasing awareness about the environmental impact of plastic waste, manufacturers need to address waste management and recycling practices to ensure sustainability.

Another challenge is the fluctuating prices of raw materials. The price of crude oil, natural gas, and other raw materials can have a significant impact on the overall cost of production. Manufacturers need to adapt their strategies to manage these fluctuations and maintain profitability.

Conclusion

In conclusion, India is witnessing rapid growth in the plastic products manufacturing industry, in which these companies are pioneers. These companies are known for their innovative plastic products, commitment to sustainability, and dedication to customer satisfaction. As the demand for plastic products continues to grow, these top 10 plastic product manufacturing companies in India are well-positioned to play a significant role in meeting emerging market needs.