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PET bottles has emerged as a winner in Indian packaging
 

Polyethylene Terephthalate (PET) bottles that have captured the imagination of packaging all over the world in the last two - three decades, have finally achieved an honourable position in India with over 1.5 billion bottles (1.5 bottles per person) and at about 43kt usage in 2000. Food products alone consume almost 40kt. Carbonated soft drinks and mineral water alone account for almost 45% of the present consumption. Alcoholic beverages particularly hard liquors have also been increasingly packed in PET containers. Beer is a new entrant in the PET bottle packaging. It is expected that PET bottles will continue to grow conservatively at 20% over the next decade to reach a level of almost 300kt. This is quite possible as the FMCG sector, a driver for PET bottles will get a boost due to the changing scenario of Indian society. PET bottles with insignificant consumption (say about 3kt) in 1990 is definitely a winner of the last decade of the millennium in the Indian Plastics industry.

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