India's Adani Group Invests $7.8 Billion in South Asia's Chemicals Market

Researched by Industrial Info Resources (Sugar Land, Texas)--Adani Group (Ahmedabad, Gujarat), India's leading multinational conglomerate, is investing roughly US$7.8 billion in 21 capital-spending projects across South Asia's Chemical Processing Industry. Four of these projects, totaling US$3 billion in value, are in the agrochemicals sector, while four others totaling US$2 billion are in the industrial gas sector.

The highest-valued investment is a grassroot, US$1.2 billion coal-to-polyvinyl chloride (PVC) project in Mundra, Gujarat, which is designed to manufacture about 4,409 million pounds per year. This mega project, which had been suspended due to financial issues, has returned to its engineering phase and is slated for completion by the end of 2025.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project and Plant databases can learn more from a detailed report on the coal-to-PVC project and can read a detailed plant profile on the Mundra complex.

Various other units, including those for chlor-alkali, vinyl chloride monomer (VCM), ammonium sulfate, calcium carbide and acetylene, also are under development at the Mundra complex, with a combined investment of more than US$430 million. Subscribers can click here for a list of active projects at the Mundra complex.

Subscribers also can click here for a full list of project reports for Adani Group developments in Southern Asia, and click here for a full list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).