The Indian petrochemical industry stands as a cornerstone of the nation's economic architecture, fueling growth across diverse sectors such as agriculture, automotive, packaging, construction, textiles, and consumer goods.
India’s petrochemical industry is at a pivotal crossroads. Petrochemical demand typically grows at 1.3 to 1.5 times of GDP. For a developing nation like India, which is aiming for a $5 trillion economy in the coming decades, this presents a massive opportunity. While global per capita consumption is around 38 kg, India stands at just 30 kg, indicating significant headroom for growth.