IHS Chemical Week

People & Business :: Energy and Feedstocks

India Taking a Seat With the Majors

11:46 AM MDT | April 10, 2009 | Natasha Alperowicz in New Delhi

India is arguably the last untapped major market for petrochemicals and plastics. The industry will develop rapidly to meet growing demand from the country’s largely young, savvy, and aspiring population. India is beginning to attract the attention of multinational firms seeking to play a part in the country’s burgeoning economic development. These plans are in addition to huge investments in basic petchems announced by several leading Indian companies. The economic development program aims to meet the growing needs of India’s 1.12-billion...

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