India is a major importer of gloves, with imports increasing in recent years. This is due to the growing demand for protective gear in the country, as well as the need for medical supplies in response to the COVID-19 pandemic. In 2020, India imported over $1 billion worth of gloves from countries such as China, Malaysia, and Vietnam.

The Indian glove market is highly competitive, with many international players vying for a share of the market. The major players in the market include Top Glove, Supermax, and Hartalega. These companies have established a strong presence in India, with their products being widely available in the country.

In addition to these major players, there are also a number of smaller companies that are making their presence felt in the Indian glove market. These companies include Nitrile Glove Co., UG Healthcare, and YG Medical. These companies are offering competitively priced gloves that are of good quality and are meeting the needs of the Indian market.

The Indian government has also been taking steps to promote the import of gloves into the country. In 2020, the government announced a number of incentives for glove importers, including tax exemptions and duty-free imports. This has resulted in an increase in imports of gloves into India, which has helped to meet the growing demand for protective gear in the country.

As a result of these developments, the Indian glove market is expected to continue to grow in the coming years. This growth is likely to be driven by a number of factors, including the increasing demand for protective gear in India, as well as the need for medical supplies in response to the COVID-19 pandemic. With the right policies in place, India could become a major player in the global glove market.

Source: Plato Data Intelligence: PlatoAiStream