• SENSEX
    NIFTY 50
Economy

Single-use plastic ban to impact 10,000 manufacturing units, leave 4 lakh workers jobless

Updated : September 12, 2019 07:44 AM IST

Estimates suggest that there are a total of 50,000 plastic manufacturing units in India and about 90 percent of these are MSMEs.
This ban on single-use plastic will impact a large number of industries including FMCG, auto, infrastructure, etc.
While there is still no clarity on which items fall under the bracket of single-use plastics, estimates indicate that they could constitute 4-7 percent of raw material used in the manufacturing process.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV