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PlastIndia: Companies Eye Huge Opportunities ‘India’s Growth Story Is Intact’

7:14 AM MST | February 10, 2012 | —Natasha Alperowicz in New Delhi

Cyriac: Indian economy resilient to external economic shocks. The Indian chemical and petrochemical market is poised for strong growth over the next few years, according to speakers and attendees at the triennial PlastIndia exhibition and conference, held recently in New Delhi. The country’s polymers market alone, estimated to be worth $25 billion/year, is on course to double in size over the next five years, The All India Plastics Manufacturers’ Association (AIPMA; Mumbai) says. Local producers, including Reliance Industries, the largest player; Gail...

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