•Middle East tensions involving Iran, US, and Israel have caused plastic raw material prices in Ghaziabad to jump by 20%.
•Decreased crude oil supply and increased freight/insurance costs via the 'Strait of Hormuz' are driving up Naphtha-based plastic prices.
•Over 3000 plastic manufacturing units in Ghaziabad (Sahibabad, Kavinagar, etc.) are impacted, affecting goods from household items to automotive parts.
•Government projects and contractors face losses as pipe prices rise, potentially halting essential city development works.
•The jobs of about 50,000 people in Ghaziabad's plastic sector are at risk due to increased costs, reduced production, and potential layoffs.
