November 6, 2024 6:21 PM

India’s petrochemical sector to grow over three-fold to USD 1 trillion by 2040: Hardeep Puri

India’s petrochemical industry is projected to surge to USD 300 billion next year, with the potential to grow to a staggering USD 1 trillion by 2040, according to Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri. Highlighting the sector's rapid transformation, Puri shared in a recent post that India is becoming a global petrochemical powerhouse under Prime Minister Narendra Modi’s leadership. "Our petrochemical sector, once valued at USD 220 billion, is on track to reach USD...