The Indian economy has come a long way since the 1991 economic
reforms. A decade and a half of economic reform and
globalization is yielding returns that cut across all income
groups. The domestic economic expansion has also accelerated
growth within the industrial and services sectors. India is
forecast to emerge as one of the top five economies by 2025.
This nations rapid economic growth has spurred demand for a wide
range of petrochemicals. Consumption of key petrochemicals, such
as polymers, is projected to show double-digit increases due to
strong support by Indias growing middle class. The after-effects
from the global recession did not significantly impact India due
to strong internal fundamentals. Yet, currency exchange rate
problems are a reality. If India is to sustain this rapid growth
rate, then certain development areas of the nation and its
people will need more attention. The polyolefin industry plays a
vital role in economic development. This industry is one of the
fastest-growing sectors with