In a reversal, chemical exports decline 4% past 2 years
India's chemical exports to North America dropped significantly, from 21% (between 2019 and 2021) to 2% (from 2021 to 2023), says McKinsey.
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March 2024
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RIL's profit from consumer business to leapfrog petroleum
RIL's petroleum business posted a net profit of ₹9,924 crore in the December quarter, while the consumer businesses together registered a profit of ₹8,610 crore.
Rising petrochemicals supply in India to reduce import demand: Moody's
Indian state-owned oil and gas companies are investing significantly to increase capacities to boost the country's petrochemical supply.
