A new BCG report suggests that Indian petrochemical companies are poised to lead the next wave of global consolidation, as weaker margins and overcapacity prompt international players to consider mergers.

With strong domestic demand and growing scale, Indian firms such as Reliance, IOCL, and GAIL are well-positioned to expand through mergers and acquisitions (M&A) and innovation. BCG highlights India’s potential to become a regional leader in petrochemicals amid global restructuring.

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petrochemical polymer updates