Adani Group is set to establish a 1 million tonne per year PVC plant at Mundra in Gujarat, marking its entry into the petrochemicals sector. PVC, or Polyvinyl Chloride, is a versatile plastic polymer widely used in various architectural and design applications, including pipes, fittings, window and door frames, cable insulation, vinyl flooring, and wall coverings. The plant’s products will cater to the growing demand for PVC in India’s infrastructure, housing, and construction sectors.
India’s annual PVC demand is approximately 4 million tonnes, with domestic production capacity standing at 1.59 million tonnes. The demand is projected to grow at a CAGR of 8-10% driven by sectors such as agriculture, infrastructure, housing, and pharmaceuticals. The new plant is expected to be operational by 2028, further expanding India’s PVC production capacity and supporting the country’s infrastructure development.
The increased domestic production of PVC will benefit various industries, including construction, agriculture, and housing, by providing a steady supply of essential materials. This development is expected to drive growth and innovation in India’s petrochemical sector.
