IHS Chemical Week

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Conference: Bottlenecks hampering growth of Indian chemical industry

8:13 AM MDT | April 10, 2013 | Deepti Ramesh

The Indian chemical industry, and the specialty chemicals sector within, has huge potential to grow in the future; however, issues such as poor infrastructure; slow progress in the establishment of petroleum, chemicals, and petrochemical investment regions (PCPIR); and land and feedstock availability are slowing the pace of growth and discouraging investments, say experts at the Chemical Weekly annual business outlook conference, which began on 9 April at Mumbai. Lanxess says that India was considered for locating the company's €400-million ($523...

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