The two-day global summit, Vinyl India 2026, held in Mumbai, comes at a time when the world is grappling with geopolitical tensions, supply crunches, and trade uncertainties. The event, which began at Hotel Sahara Star, provided a common platform for the PVC industry, where 1,200 delegates from over 20 countries gathered for serious discussions on the future direction.
Anil Jain, Vice Chairman and CEO of Jain Irrigation Systems Limited, underscored the importance of PVC, saying, “India is still globally dependent on PVC, but there is immense potential within the country.” Calling it the backbone of water, food security, and rural development, he urged the government to build a strong and integrated value chain.
The summit also highlighted the growing role of PVC in agriculture, irrigation, and water management. According to Jain, “PVC is a highly value-added material and offers immense opportunities in sectors such as food, fiber, fuel, and housing.”
Emphasizing collaboration and innovation within the industry, MP Taparia of The Supreme Industries Ltd. stated that the rapidly growing Indian economy presents significant opportunities for PVC. Dharmakirti Joshi of CRISIL highlighted the need for new strategies amid the changing global tariff regime.
With the Indian PVC market estimated to reach ₹50,000 crore by 2030, the summit not only analyses the challenges but also charts a course towards a strong, self-reliant and innovation-driven future
