Adani to Commission USD 4 Billion Petrochemical Project by December 2026
The Adani Group is set to commission the first phase of its USD 4 billion Polyvinyl Chloride (PVC) project by December 2026, marking the conglomerate’s entry into the petrochemicals sector. This strategic move aims to address the significant mismatch between domestic PVC demand and supply in India.
PVC, the third-most common synthetic plastic polymer globally, is essential for manufacturing a wide array of products including raincoats, shower curtains, window frames, indoor plumbing pipes, medical equipment, wire and cable insulation, bottles, credit cards, and flooring.
India’s annual PVC demand stands at approximately 4 million tonnes, while the domestic production capacity is only about 1.5 million tonnes. This supply-demand gap is expected to widen as consumption increases, presenting a substantial opportunity for the Adani Group to contribute to the sector and meet the rising needs.
The new project underscores Adani’s commitment to expanding its industrial footprint and addressing critical supply chain gaps in India’s burgeoning economy. By increasing the domestic production of PVC, Adani aims to reduce the country’s dependency on imports, enhance local manufacturing capabilities, and support various industries reliant on this versatile polymer.
The commissioning of the first phase by December 2026 will be a significant milestone for the Adani Group, reflecting its strategic vision and investment in the future of India’s petrochemical industry.