Despite railing against freebies, the central government has little option but to go in for competitive populism
Reliance Industries Ltd (RIL) has received environment clearance for expansion and debottlenecking of its Dahej petrochemical facility in Gujarat at a cost of Rs 13,250 crore.
Jal Irani, senior vice-president - wholesale capital markets at Edelweiss Financial Services says US ethane will be a substitute for expensive propane and naphtha
Petrochemical industry is highly capital and energy intensive. The adverse tariff regime is one of the primary reasons for inadequate investment and growth in this core sector in India.