India's Petrochemicals industry is a key contributor to the country's economic
growth, as it is closely linked to industries such as agriculture, healthcare, textiles,
construction, packaging, automotive, and others.
Today, it is one of the fastestgrowing Petrochemicals industries in the world and its growth is dependent on
various factors such as government initiatives to promote domestic manufacturing,
increasing trend towards eco-f riendly and sustainable products, favorable
demographic factors, advancements in technology, and the growing demand for
end-use products. Moreover, the increasing focus on R&D and innovation, coupled
with investments in infrastructure development, will further fuel the growth of
Petrochemicals industry.
February 23, 2024