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The bigwig at the heart of India's piping boom

How Supreme remains the undisputed leader in plastic pipes

Supreme Industries: At the heart of India’s piping boom

A nation's progress often flows through its pipelines. Behind every modern city and thriving industry lies an intricate network of water infrastructure, a lifeline of any developing economy. And India is no different. However, despite rapid urbanisation, 3.5 crore Indians lack access to safe drinking water (as per water.org). Recognising the urgency, the government has made water accessibility a top priority, channelling massive spending to the sector in recent years. This push for better water infrastructure has thrust the plastic piping industry into the limelight. The industry that once grew at a snail's pace is now set to grow 14 per cent annually, with the PVC pipes market alone expected to see 6 per cent growth until 2030. The biggest beneficiary of this growth is expected to be market leader Supreme Industries, which leads the sector with an 11 per cent share, followed by Ashirvad, Finolex, Astral and Prince. We assess the factors that have led to the company achieving its pole position in the market and detail how it will continue to rule the roost. What kept it ahead of the pack Here's what enabled Supreme Industries to maintain its leadership in the plastic piping sector: Vo

This story is not available as it is from the Wealth Insight March 2025 issue

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