Nayara Energy’s ₹68,000 crore ethane cracker project in Gujarat aims to transform India’s petrochemical sector with cutting-edge infrastructure.
The 1.5 mtpa ethane cracker, integrated with Vadinar refinery, marks a significant step in Nayara’s move to expand its petrochemical footprint.
India’s petrochemical capacity is set to jump from 29.6 mt to 46 mt by 2030, fueled by rising domestic and global demand for petrochemical products.
With GAIL, BPCL, and Adani investing over ₹1.5 lakh crore, the petrochemical industry is poised for unprecedented growth across key projects nationwide.
The project is set to reduce India’s 45% dependency on imported petrochemical intermediates, supporting self-reliance and boosting local production.
With projected investments of $87 billion by 2030, India’s chemicals market is on track to hit $300 billion by FY25, signaling rapid growth ahead.
With GAIL, BPCL, and Adani investing over ₹1.5 lakh crore, the petrochemical industry is poised for unprecedented growth across key projects nationwide.