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Union Petroleum Minister Hardeep Singh Puri projects India's chemicals and petrochemicals sector to grow from $220 billion to $300 billion by 2025.
Union Petroleum Minister Hardeep Singh Puri announced that India's chemicals and petrochemicals sector is projected to grow from $220 billion to $300 billion by 2025.
The sector, crucial to the economy, contributes 6% to GDP and employs over 5 million.
Anticipating an $87 billion investment over the next decade, the government aims for total investments of approximately $142 billion under its PCPIR Policy 2020-35 to support rising demand and a shift to lower-carbon solutions.
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El ministro de Petróleo de la Unión, Hardeep Singh Puri, proyecta que el sector químico y petroquímico de la India crezca de $220 mil millones a $300 mil millones para 2025.