The study undertakes a quantitative analysis of the value chain of plastics in India to estimate the social benefits that can be generated from adopting a circular framework. The study also conducted an alternate scenario analysis, where the degree of circularity in 2030 is varied to emphasise the need for urgent implementation. The report also looks at the current structure of the plastics market in India, and especially at the management of plastic waste. It discusses the regulatory frameworks that are in place and makes policy recommendations to facilitate a greater degree of circularity in the sector.