Investment opportunity of $30 billion in petrochemical sector over next decade: Hardeep Singh Puri
India offers investment opportunity of USD 30 billion in the petrochemical sector over the next decade as the world’s third largest energy consumer looks to meet growing demand, Oil Minister Hardeep Singh Puri said on Friday. Addressing Asia Petrochemical Industry Conference 2023 here, the minister highlighted that the size of the Indian chemical and petrochemcial sector is around USD 190 billion and it is poised for transformational growth.
He rued that the per capita consumption is still low as compared to developed economies.
Puri noted that the petrochemical sector has made a significant progress in recent years, becoming one of the largest producers of petrochemical products in the world.
