As India aims to solidify its position as a global manufacturing powerhouse, experts emphasize the urgent need to develop a robust petrochemical sector to rival China’s dominance. Petrochemicals serve as the backbone for a wide range of industries, from plastics and textiles to automotive and electronics, making their availability critical for industrial growth and export competitiveness.
Currently, China leads the petrochemical market with vast production capacity, integrated supply chains, and strong government support. India’s relatively limited capacity and reliance on imports increase costs for manufacturers and hamper scalability.
To bridge this gap, India must invest in expanding petrochemical infrastructure, encourage innovation, and foster public-private partnerships. Strengthening domestic production would reduce dependency on imports, stabilize raw material prices, and enhance the competitiveness of Indian industries on the global stage. 
With strategic policies and sustained investment, India can build a resilient petrochemical sector, unlocking new opportunities for economic growth and positioning itself as a serious challenger to China’s industrial might.
