'Apollo Pipes released a presentation addressing the need for PVC pipes in multiple sectors.

The Indian PVC pipes and fittings market expected to register 15% CAGR during FY24 - FY27. The domestic plastic pipes industry size is currently at Rs 350 billion while organized players account for 70% market share. The key features of plastic pipes against other pipes are that they are lightweight in nature, easy to transport and has longer lifespan.

The key growth drivers are government’s push for cleanliness and sanitation to boost water management sector, increased Building of affordable houses and growing housing demand and requirement for infrastructure for irrigation and water supplies. PVC pipes are at the forefront of multiple sector trends such as infrastructure and construction, water management and agriculture.

The company’s focus areas are to strengthen foothold in Pan-India, Penetrate and establish footprint into neighbouring markets in Central, Western and ...

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