CPMAI || Home

Economy 03rd Feb, 2023

India's forex kitty jumps USD 3.03 bn to USD 576.76 bn in third weekly rise

India's forex reserves increased by USD 3.034 billion to USD 576.76 billion as of January 27, making it the third consecutive week of a jump in the kitty. The overall reserves had risen by USD 1.727 b

Economy 01st Mar, 2023

Moody's ups India's growth projection for 2023 to 5.5% on higher capex

Moody's Investors Service on Wednesday raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in th

Economy 14th Mar, 2023

Govt taking steps to make India USD 5 trn economy 'at an early date': FinMin

The government informed the Rajya Sabha that it is taking steps to make India a USD 5 trillion economy earlier than the International Monetary Fund's forecast year of 2026-27. The IMF's World Economic

Economy 29th Mar, 2023

Global economy's growth speed limit to slump by 2030: World Bank

Global economy's maximum long-term growth rate, without causing inflation, is set to decline to a three-decade low by 2030, according to a new report from the World Bank. The report shows that nearly

Economy 12th Apr, 2023

IMF keeps developing Asia 2023 growth forecast at 5.3%: trims India projections

The International Monetary Fund (IMF) has kept its 2023 growth forecast for developing Asia at 5.3% but trimmed its forecast for next year amid rising risks in global financial conditions. For 2024, t

Economy 12th Apr, 2023

India's economic growth projected to decelerate to 6% in 2023: UN

India's economic growth is projected to decelerate to 6 per cent in 2023 from 6.6 per cent in 2022, according to the United Nations.The UN Trade and Development Conference (UNCTAD) in its latest Trade

Economy 12th Apr, 2023

IMF sees India's combined debt-to-GDP ratio rising for 4 years starting FY24

After declining for two straight years till FY23, India’s debt-to-GDP ratio is set to follow an upward trajectory for next four financial years starting FY24, the International Monetary Fund (IMF) p

Economy 13th Apr, 2023

India Inc's topline growth in Q4FY23 to halve to 10-12%, says report

India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency said on Thursday, as companies start reporting their financials. The revenue growth will

Economy 14th Apr, 2023

India’s WPI inflation eases to 3.85 per cent in February

India's wholesale price index (WPI)-based inflation eased to 3.85 per cent in February on an annual basis from 4.73 per cent in January, stated provisional data from the Commerce Ministry on Tuesday

Economy 14th Apr, 2023

India's forex reserves up $6.3 bn to $585 bn, highest in nine months

India’s foreign currency reserves rose by $6.3 billion to $584.75 billion in the week ended April 7, the highest level during the past nine months or so. The reserves were higher, at $588 billion, i

Economy 17th Apr, 2023

Michelin may soon produce passenger vehicle tyres in India

French tyre major Michelin is actively considering production of passenger vehicle tyres locally in India, according to the group Chief Executive Officer Florent Menegaux. The local manufacturing wo

Economy 18th Apr, 2023

China to be top world growth source in next five years, India second: IMF

China will be the top contributor to global growth over the next five years, with its share set to be double that of the US, according to the International Monetary Fund. The nation’s slice of glo

Economy 20th Apr, 2023

India is set to become the most populous country in the world with 1.429 billion people by the middle of 2023, surpassing China at 1.426 billion, according to the latest report released by the United

India is set to become the most populous country in the world with 1.429 billion people by the middle of 2023, surpassing China at 1.426 billion, according to the latest report released by the Unite

Economy 26th Apr, 2023

Risks weigh on FY24 GDP forecast of 6.5%: Govt

The finance ministry on Tuesday said that downside risks to the official GDP growth forecast of 6.5% in 2023-24 dominate upside risks, given the hardening of oil prices, troubles in the global finan

Economy 02nd May, 2023

Dalmia Bharat, Ruia Co in fray for Birla Tyres

The Dalmia Bharat Group, with interests in cement, refractories, power and sugar, and an affiliate company of stressed assets aquirer Pawan Ruia are in the race to buy Kolkata-based Birla Tyres

Economy 10th May, 2023

India-UK FTA negotiations conclude with 'detailed' policy discussions

The ninth round of India-UK free trade agreement (FTA) negotiations concluded with detailed discussions across a range of policy areas, the UK government said. A joint outcome statement issued by th

Economy 19th May, 2023

India's forex reserves soar to $599.53 bln, highest since early June.

India's foreign exchange reserves experienced a continuous increase for the third week in a row, reaching $599.53 billion as of May 12. This level represents the highest amount since earl

Economy 25th May, 2023

India’s forex reserves comfortable for next 5-6 years, FTAs to generate surplus: Piyush Goyal

Commerce and industry minister Piyush Goyal on Wednesday said that India’s free trade agreements (FTA) will help generate surpluses and that the country is “comfortable” for the next five-six

Economy 29th May, 2023

Bridgestone looks to expand retail footprint in India

Tyre maker Bridgestone is looking to expand its retail footprint in India by 20-25% this year and is aiming to grow higher than the industry's growth, a top company executive has said. Bridgestone I

Economy 01st Jun, 2023

India's GDP grows 6.1 per cent in Q4, FY23 growth pegged at 7.2 per cent

Beating analyst estimates, India's gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal. Further, the Centre now estimates the overall growth rate of FY23 to

Economy 06th Jun, 2023

Indian economy to be the fastest growing in FY24, says World Bank

The World Bank said India would remain the fastest-growing economy in terms of both aggregate and per capita gross domestic product (GDP) among the largest emerging market and developing economies.

Economy 07th Jun, 2023

OECD marginally raises India's GDP growth forecast to 6% for FY24.

The Organization for Economic Co-operation and Development (OECD) has marginally raised its 2023-24 (FY24) growth forecast for India to 6 per cent, from 5.9 per cent estimated earlier, while maintai

Economy 07th Jun, 2023

To join or not? India yet to take a final call on IPEF trade pillar

India will soon take a final call on joining the trade pillar of the Indo-Pacific Economic Framework (IPEF) amid growing feelings within the government that it may be losing out on shaping the negot

Economy 08th Jun, 2023

RBI monetary policy update: keeps repo rate unchanged, retains FY24 GDP growth forecast at 6.5%

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on the basis of an assessment of the current and evolving macroeconomic situation, on June 8 decided to keep

Economy 12th Jun, 2023

India's industrial production up 4.2% in April from 1.1% in March

The index of industrial production in India rose 4.2 per cent on an annual basis in the month of April from 1.1 per cent in March and 6.7 per cent in April 2022. India's industrial production gro

Economy 12th Jun, 2023

Back At 4.25%, retail inflation hits 25 month-low in May on softer food prices and favorable base effect

India's consumer price index (CPI) inflation eased sharply to 4.25 per cent in May hitting a 25-month low and coming under the Reserve Bank of India's upper tolerance limit of 6 per cent for the thi

Economy 12th Jun, 2023

Back ‘Bright spot in global economy’: India's GDP has touched $3.75 trillion-mark in 2023, says Nirmala Sitharaman

India's gross domestic product (GDP) has touched the $3.75 trillion-mark in 2023 so far from around $2 trillion in 2014, said finance minister Nirmala Sitharaman on June 12. FM Sitharaman

Economy 15th Jun, 2023

India's trade deficit widens to $22.12 billion; exports and imports slip in May

India's exports in the month of May declined 10.3 per cent to $34.98 billion while imports fell 6.6 per cent to $57.1 billion, government data showed Thursday. Exports have now contracted for the

Economy 19th Jun, 2023

Yokohama to invest Rs 671 crore to bolster passenger tyre capacity in India

Yokohama Rubber Company, a Japan-based manufacturer, has revealed its plans to bolster its passenger car tyre capacity in India. The company is set to invest 671 crore rupees ($80 million) in

Economy 19th Jun, 2023

Goldman cuts China GDP forecast, citing limited options to boost stimulus

Goldman Sachs Group Inc became the latest bank to cut their forecasts for China’s economy, citing limited options to boost stimulus. Analysts at Goldman lowered their estimates for China’s gros

Economy 26th Jun, 2023

S&P retains FY24 India growth projection at 6 per cent, to be fastest growing in Asia Pacific

S&P Global Ratings retained India’s GDP growth forecast at 6 per cent saying it will be the fastest growing economy among Asia Pacific nations. The GDP growth forecast for the current and the ne

Economy 27th Jun, 2023

CAD narrows to 0.2% of GDP in Q4 FY23

India's current account deficit (CAD) narrowed to USD 1.3 billion or 0.2 per cent of GDP in the January-March quarter of FY23, mainly due to moderation in the trade deficit and a robust increase in

Economy 01st Jul, 2023

Core sector growth stable at 4.3%, fiscal deficit 11.8%

Growth in the eight key infrastructure sector remained stable in May, although electricity generation, crude oil and natural gas production contracted.Data released by the commerce and industry minist

Economy 01st Jul, 2023

GST mop-up rises 12% to over Rs 1.61 lakh crore in June

GST collections rose 12 per cent to over Rs 1.61 lakh crore in June, the Finance Ministry said on Saturday.The gross GST collection has crossed Rs 1.60 lakh crore mark for the fourth time since the ro

Economy 12th Jul, 2023

Tyre demand in India to grow by 6-8% in FY24, says Icra report.

India’s tyre demand is expected to grow 6-8 percent in Financial Year 2023-24 (FY24) due to replacement and the needs of original equipment manufacturers (OEM), said rating agency Icra in a recent r

Economy 20th Sep, 2023

ADB lowers FY24 GDP forecast to 6.3%, India Ratings raises it to 6.2%

The Asian Development Bank (ADB) on Wednesday revised India's growth forecast for FY24 to 6.3 per cent, a change of 10 basis points, attributing it to erratic monsoon patterns that are likely to affec

Mergers & Acquisitions June 10, 2021

MRPL, MRPL boards approve merger

The boards of Mangalore Refinery and Petrochemicals Ltd (MRPL) and ONGC Mangalore Petrochemicals Ltd (MRPL), a wholly owned subsidiary of MRPL, have approved the scheme of amalgamation of MRPL with MR

Petrochemical 22nd March, 2023

Government amends export policy for biofuels

The government on Wednesday said the export of biofuel from special economic zones and export-oriented units are allowed for fuel as well as non-fuel purposes without any restriction, if the biofuel i

Petrochemical 23rd March, 2023

India's Feb crude oil imports jump 8% as demand hits over 2 decades high

India's imports of crude oil in February rose about 8% from a year earlier, government data showed on Wednesday, as fuel demand hit over 2-decade highs in the world's third-biggest oil importer and co

Petrochemical 12th April, 2023

Cabinet Committee on Investment Promotion approves petrochemical projects worth Rs 50,000 crore and investment of Rs 150 crore

The Cabinet Committee on Investment Promotion under the chairmanship of Chief Minister Shivraj Singh Chouhan, in a meeting held on Tuesday at Mantralaya, gave approval to the revised proposal regardin

Petrochemical 17th April, 2023

India’s supreme court orders the government to impose anti-dumping duty on LDPE

The Supreme Court of India on Thursday ordered the government of India to implement the findings of the Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry. The c

Petrochemical 20th April, 2023

Windfall tax reimposed on crude, diesel exports duty goes

The government has reimposed windfall tax on domestically produced crude oil with an impost of Rs 6,400 per tonne effective Wednesday and scrapped the levy on diesel exports. The Central Board of In

Petrochemical 20th April, 2023

BIS recommends the Environment Ministry to avoid certifying biodegradable plastics

The Bureau of Indian Standards (BIS), which operates under the Ministry of Consumer Affairs, has recommended that the Ministry of Environment, Forest & Climate Change (MoEF&CC) to certifying

Petrochemical 20th April, 2023

Automotive plastics volumes to surge with EV transition – ICIS economist

Volumes of plastics used in the global automotive sector are set to surge, with the electric vehicle (EV) transition providing the kicker, an ICIS economist said. “New EV initiatives by governments

Petrochemical 21st April, 2023

India begins sector-wise analysis of EU carbon tax

India is exploring all possible options to deal with the European Union’s (EU’s) proposed Carbon Border Adjustment Mechanism (CBAM) and has initiated sector-wise analysis of the carbon border ta

Petrochemical 25th April, 2023

India’s polymer demand rises 12% in FY ’23 on post-pandemic economic recovery

India’s polymer demand has risen by 12 percent in the financial year 2022-23, due to a sharp pickup in consumer activities after over two years of the pandemic-induced economic slowdown. Also, mode

Petrochemical 27th April, 2023

India’s supreme court recalls anti-dumping duty levy order on LDPE, two weeks after pronouncing it

The supreme court of India has recalled its own interim order, which was pronounced two weeks ago, allowing the government to levy anti-dumping duty (ADD) on low-density polyethylene (LDPE) and rest

Petrochemical 02nd May, 2023

Govt cuts windfall tax on petroleum crude

India has cut the windfall tax on petroleum crude to 4,100 rupees ($50.14) per tonne from 6,400 rupees per tonne, effective from Tuesday, according to a government notification.The government left the

Petrochemical 16th May, 2023

India cuts windfall tax on petroleum crude from Rs 4,100 per tonne to zero

India has cut the windfall tax on petroleum crude to zero from Rs 4,100 ($50.13) per tonne. The cut will be effective Tuesday onwards, a government notification stated. Earlier in May, the windfall

Petrochemical 24th May, 2023

Gujarat govt inks MoU with Deepak Chem Tech for Petrochemical Manufacturing

The Gujarat Government signed an agreement with Deepak Chem Tech as part of the state government’s commitment to help India in achieving self-reliance in the petrochemical intermediates sector. U

Petrochemical 24th May, 2023

India’s Gujarat strives to boost green hydrogen output

The west Indian state of Gujarat is looking to become a frontrunner in renewable hydrogen, launching a policy that defines conditions for leasing out land to hydrogen project developers. The state g

Petrochemical 25th May, 2023

India to be green hydrogen hub by 2040: Hardeep Singh Puri

India will become a major green hydrogen hub in all aspects – production, consumption and exports – by 2040, petroleum and natural gas minister Hardeep Singh Puri said at a CII event. “By 2040

Petrochemical 07th June, 2023

Indian imports of US ethane for Petchem to expand

India's ethane imports from the US are on course to increase significantly in the coming years as new ethane-fed ethylene projects open and existing plants switch from natural gas liquids (NGL) stri

Petrochemical 14th June, 2023

India to overtake China in oil demand growth by 2027: IEA report

The growth in demand for oil in India will overtake that in China by 2027, said a report by the International Energy Agency (IEA). 'Oil 2023', the multilateral agency’s outlook for the next five y

Petrochemical 27th June, 2023

How cheaper crude oil from Russia has changed India's fuel trade matrix

Sourcing cheaper crude oil from sanction-hit Russia has opened new doors for boosting exports for India while it seems to have alienated traditional buyers of processed petroleum products from the cou

Petrochemical 04th July, 2023

REC to provide Rs 4,785 crore loan for refinery project in Rajasthan

State-owned REC Ltd on Tuesday said it will provide a loan of Rs 4,785 crore to HRRL's project in Rajasthan. HRRL is a joint venture between Hindustan Petroleum Corporation Ltd (HPCL) and Rajasthan

Petrochemical 13th July, 2023

Haryana to provide 350 acres for expansion of Panipat refinery: CM

The government will provide 350 acres of land for the expansion of Panipat refinery, chief minister Manohar Lal Khattar said. He said the expansion of the refinery would generate jobs for Haryana yout

Petrochemical 27th July, 2023

India considering PLI scheme for chemicals, petrochemical sector: Nirmala Sitharaman

India is considering the Production Linked Incentive (PLI) scheme for chemicals and petrochemical sector, said union finance minister Nirmala Sitharaman. Sitharaman also said that the country has se

Petrochemical 28th July, 2023

Chemicals-petrochemicals firms must focus on quality, global competitiveness: Mansukh Mandaviya

Chemicals and Fertilisers Minister Mansukh Mandaviya on Friday asked chemicals and petrochemicals players to focus on quality and become competitive in the global market to make

Petrochemical 17th August, 2023

India imposes BIS quality norms for import-dependent polypropylene

The Bureau of Indian Standards, a quality monitoring body under India’s Ministry of Chemicals and Fertilizers, has introduced minimum quality standards for the manufacturing and import of polypropyl

CPMA Member January 02, 2023

Nayara expects production of polypropylene by Q4, 2023

Nayara Energy, a downstream energy company, said it is on track for entry into the petrochemicals sector with most of the work being completed on a propylene recovery unit. Nayara, which operates a 20

CPMA Member February 27, 2023

Indian Oil Corporation Invests Rs 2 Lakh Crore in Net-Zero Emissions Plan, Focuses on Green Hydrogen

India’s largest oil company, Indian Oil Corporation (IOC), is planning to establish green hydrogen plants at all its refineries in a Rs 2 lakh crore green transition plan to reach net-zero emissions

CPMA Member March 08, 2023

IOC for developing Haldia refinery into petrochemicals complex

Oil marketing PSU Indian Oil Corporation (IOC) is keen to develop its existing refinery in West Bengal's Haldia into a petrochemicals complex for “sustaining operation

CPMA Member March 17, 2023

Indian Oil Corporation Establishes Subsidiary for Clean Energy Business

Indian Oil Corporation (IOC), the largest oil refining and fuel marketing company in India, has established a new subsidiary to expand its low carbon, clean and green energy business, reports PTI.The

CPMA Member March 21, 2023

India’s Odisha approves incentives for IOC cracker

India's Odisha state on 9 March approved financing for state-controlled refiner IOC's 580bn rupee ($7bn) dual-feed Paradip cracker project. The funds will give it a stake in the plant, proportional to

CPMA Member March 22, 2023

IOC to invest Rs 61,077 cr in petchem complex at Paradip, Odisha

India's top oil company IOC will invest Rs 61,077 crore in building a petrochemical complex at Paradip in Odisha - its largest ever investment at a single location - as it doubles down on its transiti

CPMA Member April 12, 2023

MP govt gives nod to Rs 50,000-cr BPCL proposal for Bina refinery

Chief Minister Shivraj Singh Chouhan approved a revised proposal of Rs 43 crore to Rs 50,000-crore for the expansion of Bina Refinery of Bharat Petroleum Corporation Limited (BPCL) and setting up of a

CPMA Member April 26, 2023

ONGC to invest Rs one lakh cr for Petrochem capacity expansion

The Oil and Natural Gas Corporation (ONGC) is planning to invest Rs one lakh crore by 2030 towards expansion of its petrochemicals manufacturing capacity. This will include setting up new facilities

CPMA Member May 03, 2023

Indian Oil plans green jet fuel plant to meet surging demand

Indian Oil Corp. is planning to build a Rs 1,000 crore ($122 million) sustainable aviation fuel plant as global supplies run significantly short of what’s needed by airlines to meet decarbonization

CPMA Member May 05, 2023

Tamilnadu Petroproducts gets India's First BIS certification under IS 12795: 2020 for high-quality LAB Production

Tamilnadu Petroproducts Limited (TPL), part of the petrochemicals division of Singapore headquartered AM International Holdings (AMIH) and among India's leading manufacturers of industrial intermedi

CPMA Member May 05, 2023

Tamilnadu Petroproducts gets India's First BIS certification under IS 12795: 2020 for high-quality LAB Production

Tamilnadu Petroproducts Limited (TPL), part of the petrochemicals division of Singapore-headquartered AM International Holdings (AMIH) and among India's leading manufacturers of industrial intermedi

CPMA Member May 10, 2023

GAIL to build $4.89-bn ethane cracker near LNG import plant in West India

GAIL (India) Ltd, the country's top gas supplier, plans to build a 400-billion-rupee ($4.89 billion) ethane cracker near its liquefied natural gas (LNG) import plant in Western India, two sources wi

CPMA Member May 11, 2023

Chemplast Sanmar signs deal with a global firm to supply an advanced intermediate

Chemplast Sanmar Ltd. has announced that its custom-manufactured chemicals division has signed a letter of intent (LOI) with a global agrochemical innovator to manufacture an advanced intermediate.T

CPMA Member May 17, 2023

BPCL unveils Rs 49,000 cr petrochemical, capacity expansion project at MP’s Bina refinery

Bharat Petroleum on Wednesday announced Rs 49,000 crore petrochemical and capacity expansion project at its Bina Refinery. One of the main components of the expansion projects is the Ethylene Crack

CPMA Member June 02, 2023

GAIL infuses Rs 2,100 crore in JBF Petrochemicals

India's largest gas firm GAIL has infused Rs 2,100 crore in insolvent private-sector chemical company JBF Petrochemicals Ltd that it had acquired in bankruptcy proceedings. The

CPMA Member June 07, 2023

Adani Group revives Mundra PVC project, gets credit line worth Rs 14,000 cr

After a four-month suspension, Adani Group has revived its investment plan for India's largest polyvinyl chloride (PVC) plant, Mundra Petrochem Ltd, Mint reported on Wednesday. For this, it

CPMA Member June 07, 2023

MRPL shelves refinery growth to focus on chemicals bet

India’s Mangalore Refinery and Petrochemicals Ltd. shelved a planned refinery expansion to focus on boosting its petrochemical production capacity, which may cost as much as Rs. 47,000 crores ($5.

CPMA Member June 13, 2023

IndianOil top bidder for Reliance's KG gas for second auction in row

IOC, the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of the fuel Indian Oil Co

CPMA Member June 13, 2023

Reliance climbs eight spots to 45th rank on Forbes' Global 2000 list

Billionaire Mukesh Ambani's Reliance Industries Ltd. climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide..Billion

CPMA Member June 14, 2023

Indian Oil Corp to set up aviation fuel plant with LanzaJet in Haryana

The company is looking at an investment of about 23 billion rupees ($280.1 million), S.M. Vaidya said on the sidelines of an industry event in New Delhi.The refiner is also running a pilot project for

CPMA Member June 15, 2023

ONGC signs pact with IndianOil to explore opportunity in petrochemicals biz.

ONGC, which produces two-thirds of the nation's oil that is refined into fuels like petrol and diesel and more than half of gas that is used to make fertilisers and turned into CNG, already has two

CPMA Member June 21, 2023

RELIANCE TOPS HURUN'S LIST OF INDIA'S MOST VALUABLE PRIVATE SECTOR COMPANIES

Billionaire Mukesh Ambani's Reliance industries is the most valuable private company in the country, as per Hurun India's 2022 Burgundy Private Hurun India 500 list. The list, which was relea

CPMA Member June 27, 2023

Indo Rama Synthetics starts up new PET plant in Nagpur

Name: Indo Rama SyntheticsLocation: Nagpur, IndiaProduct: Polyethylene terephthalate (PET)Capacity (tonnes/year): 230,000Event start: 2 June 2023

CPMA Member July 20, 2023

ADNOC Gas inks $7-9 billion LNG supply deal with Indian Oil Corporation

According to ADNOC Gas, the agreement, valued in the range of $7 billion to $9 billion over its 14-year term, signifies a major step forward in the partnership between the two parties. Furtherm

CPMA Member July 26, 2023

MRPL becomes largest single location refinery in India.

The Mangalore Refinery and Petrochemicals Limited (MRPL), a mini-Ratna CPSE PSU refinery based in coastal Karnataka and a subsidiary of ONGC, has become the single largest PSU-refinery (single locat

CPMA Member July 31, 2023

We plan to invest ₹1.5 lakh crore in five years to expand operations: G Krishnakumar, BPCL chairman

BPCL plans to invest ₹1.5 lakh crore in the next five years to diversify operations as it targets net zero carbon dioxide emissions by 2040, BPCL chairman G Krishnakumar told ET's Kalpana Pathak.

CPMA Member August 02, 2023

MRPL to make calibrated investments in petrochemicals

Mangalore Refinery and Petrochemicals Ltd (MRPL) has said it would make calibrated investments in petrochemicals to embrace long-term changes. In its annual report for 2022-23, the company said this

CPMA Member August 03, 2023

RIL gears up to produce green hydrogen in two years

Reliance Industries (RIL) is laying down infrastructure for disbursement of green hydrogen from its proposed plant in Gujarat as it prepares to begin production of the fuel by 2025, three officials

Welcome to CPMA

CPMA Members

CPMA Managing Committee

Shri Kamal Nanavaty

Shri A S Sahney

Shri Pranav Kumar

CPMA Executive Members

APIC

APIC Members Page

APIC Country Papers

APIC Conference Photos

Petrochemical Products Quality Control Orders 2023

Notice fromDepartment of Chemicals and Petrochemicals

Past APIC Conferences Gallery

Welcome to CPMA

CPMA Members

CPMA Managing Committee

Shri Kamal Nanavaty

Shri A S Sahney

Shri Pranav Kumar

CPMA Executive Members

APIC

APIC Members Page

APIC Country Papers

APIC Conference Photos

Petrochemical Products Quality Control Orders 2023

Notice fromDepartment of Chemicals and Petrochemicals

Past APIC Conferences Gallery

APIC 2017

APIC 2013

APIC 2012

APIC 2011

APIC 2010

APIC 2009

APIC 2008

APIC 2023

News

India's forex kitty jumps USD 3.03 bn to USD 576.76 bn in third weekly rise

Moody's ups India's growth projection for 2023 to 5.5% on higher capex

Govt taking steps to make India USD 5 trn economy 'at an early date': FinMin

Global economy's growth speed limit to slump by 2030: World Bank

IMF keeps developing Asia 2023 growth forecast at 5.3%: trims India projections

India's economic growth projected to decelerate to 6% in 2023: UN

IMF sees India's combined debt-to-GDP ratio rising for 4 years starting FY24

India Inc's topline growth in Q4FY23 to halve to 10-12%, says report

India’s WPI inflation eases to 3.85 per cent in February

India's forex reserves up $6.3 bn to $585 bn, highest in nine months

Michelin may soon produce passenger vehicle tyres in India

China to be top world growth source in next five years, India second: IMF

India is set to become the most populous country in the world with 1.429 billion people by the middle of 2023, surpassing China at 1.426 billion, according to the latest report released by the United

Risks weigh on FY24 GDP forecast of 6.5%: Govt

Dalmia Bharat, Ruia Co in fray for Birla Tyres

India-UK FTA negotiations conclude with 'detailed' policy discussions

India's forex reserves soar to $599.53 bln, highest since early June.

India’s forex reserves comfortable for next 5-6 years, FTAs to generate surplus: Piyush Goyal

Bridgestone looks to expand retail footprint in India

India's GDP grows 6.1 per cent in Q4, FY23 growth pegged at 7.2 per cent

Indian economy to be the fastest growing in FY24, says World Bank

OECD marginally raises India's GDP growth forecast to 6% for FY24.

To join or not? India yet to take a final call on IPEF trade pillar

RBI monetary policy update: keeps repo rate unchanged, retains FY24 GDP growth forecast at 6.5%

India's industrial production up 4.2% in April from 1.1% in March

Back At 4.25%, retail inflation hits 25 month-low in May on softer food prices and favorable base effect

Back ‘Bright spot in global economy’: India's GDP has touched $3.75 trillion-mark in 2023, says Nirmala Sitharaman

India's trade deficit widens to $22.12 billion; exports and imports slip in May

Yokohama to invest Rs 671 crore to bolster passenger tyre capacity in India

Goldman cuts China GDP forecast, citing limited options to boost stimulus

S&P retains FY24 India growth projection at 6 per cent, to be fastest growing in Asia Pacific

CAD narrows to 0.2% of GDP in Q4 FY23

Core sector growth stable at 4.3%, fiscal deficit 11.8%

GST mop-up rises 12% to over Rs 1.61 lakh crore in June

Tyre demand in India to grow by 6-8% in FY24, says Icra report.

ADB lowers FY24 GDP forecast to 6.3%, India Ratings raises it to 6.2%

MRPL, MRPL boards approve merger

Government amends export policy for biofuels

India's Feb crude oil imports jump 8% as demand hits over 2 decades high

Cabinet Committee on Investment Promotion approves petrochemical projects worth Rs 50,000 crore and investment of Rs 150 crore

India’s supreme court orders the government to impose anti-dumping duty on LDPE

Windfall tax reimposed on crude, diesel exports duty goes

BIS recommends the Environment Ministry to avoid certifying biodegradable plastics

Automotive plastics volumes to surge with EV transition – ICIS economist

India begins sector-wise analysis of EU carbon tax

India’s polymer demand rises 12% in FY ’23 on post-pandemic economic recovery

India’s supreme court recalls anti-dumping duty levy order on LDPE, two weeks after pronouncing it

Govt cuts windfall tax on petroleum crude

India cuts windfall tax on petroleum crude from Rs 4,100 per tonne to zero

Gujarat govt inks MoU with Deepak Chem Tech for Petrochemical Manufacturing

India’s Gujarat strives to boost green hydrogen output

India to be green hydrogen hub by 2040: Hardeep Singh Puri

Indian imports of US ethane for Petchem to expand

India to overtake China in oil demand growth by 2027: IEA report

How cheaper crude oil from Russia has changed India's fuel trade matrix

REC to provide Rs 4,785 crore loan for refinery project in Rajasthan

Haryana to provide 350 acres for expansion of Panipat refinery: CM