Environmental and Sustainability Achievement
Polymer Growth Drivers
SKIPPER
Limited
The PVC and Fittings market, estimated to be
worth approximately Rs 300 billion in FY 2020, is
predicted to reach Rs 500 billion by FY 2025,
with a CAGR of 10.8%.
Growing PVC pipe demand in India
fueled by government initiatives like
"Housing for All," "Nal se Jal," AMRUT
project, and Swachh Bharat Mission.
The Jal Jeevan Mission (JJM) initiative
aims to provide tap water
connections to all rural households by
2024, leading to a surge in demand
for PVC pipes and fittings to facilitate
water flow in every home.
The recent announcement of the National
Infrastructure Pipeline by the government further
strengthens the country's infrastructure, providing
support for the increasing demand for pipes and
fittings.
Formalization of economy accelerating
the shift from unorganized to organized
players.
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