Recent Study: India Petrochemicals Report Q3 2013
The Indian petrochemicals industry will continue to surge in 2013 as the market becomes increasingly self-sufficient and domestic producers benefit from a weak rupee and a revised tariff structure. However, a poor business climate, exacerbated by chaotic government policies and land disputes, are undermining progress and could prove detrimental in the long term. The possible collapse of Haldia Petrochemicals in West Bengal, amid a dispute between the main private shareholder and the state government, underlines the problems facing the sector,...
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