India poised to become global petrochemicals hub with $37 billion capex surge, says S&P Global
India is on track to emerge as the next global petrochemicals powerhouse, backed by a massive $37 billion capital expenditure push over the next five years, according to S&P Global Commodity Insights. The investment wave, led by both public and private sector giants, is expected to transform India’s refining and downstream landscape, positioning the country…