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India Chemical Industry Outlook
15 April-16 April, 2008
Mumbai, India
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India’s Plans for Growth: New Investment Regions
The Indian government launched a national policy in May to drive global investment and growth through the development of petroleum, chemical, and petchem investment regions (PCPIR). It also announced recently it would spend $9 billion over the next five years as part of a national petchem policy.
- What is the progress of this policy?
- What incentives is the government providing the industry to promote growth?
- What is the update on investments resulting from the policy?
K.C. Misra, joint secretary, Department of Chemical & Petrochemicals, Ministry of Chemicals and Fertilizers
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