India's GAIL Invests $5 Billion in Chemical Projects

NEW DELHI--April 14, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--India's largest natural gas company, state-owned GAIL (India) Limited (New Delhi) is eyeing expansions in the country's petrochemicals, specialty chemicals and renewables sectors as it pivots toward a new strategy to expand its business beyond natural gas. GAIL is investing around US$5 billion in 26 ongoing chemical projects, including 12 projects worth US$4.4 billion in the petrochemicals sector.