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'Plastic pipes industry navigates challenges in FY25, eyes steady growth'
The Business Guardian
|September 29, 2025
The Indian plastics pipes industry weathered multiple headwinds in FY25, grappling with subdued infrastructure spending, liquidity challenges, and volatile PVC prices, according to a recent JM Financial report.
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The report highlights that the sector, traditionally fragmented and agriculture-focused, has steadily shifted towards a more organised ecosystem catering to water supply, sanitation, plumbing, and industrial applications. Despite the challenges in FY25, the industry expects near-term support from channel restocking and stabilising PVC prices, which reached around INR 79 per kg in September 2025.
This story is from the September 29, 2025 edition of The Business Guardian.
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