India, April 15 -- The plastic pipe industry is a core pillar of the construction, infrastructure, and agriculture ecosystem, driven by rising demand for durable, lightweight, and corrosion-resistant piping solutions. Plastic pipes such as PVC, CPVC, HDPE, and uPVC are widely used in water supply, drainage, irrigation, sewerage, and industrial applications because of their long life, low maintenance, and cost efficiency compared to traditional metal pipes. In India, the industry is witnessing strong structural growth supported by rapid urbanisation, housing demand, smart city projects, and government-led initiatives like Jal Jeevan Mission, AMRUT, and irrigation schemes

The brokerage view remains positive on Astral, with Geojit Financia...