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PVC pipe makers are poised for stronger profitability this fiscal, with EBITDA per tonne expected to rise to Rs 23,000. Crisil Ratings projects a 10-15% revenue surge driven by high resin prices, ...

PVC pipe makers may see stronger profits this fiscal as elevated resin prices boost realisations, while demand recovery and costs remain key factors.

New Delhi: The compound annual growth rate (CAGR) of India’s plastic pipes industry is anticipated to accelerate to around 14 per cent over financial years 2024-27, to touch Rs 80,500 crore by FY27, ...