India is the 3rd largest producer of chemicals in Asia by volume
Chemicals industry in India is highly diversified, covering more than 80,000 commercial products. Itis broadly classified into Basic chemicals, Specialty chemicals, and Agrochemicals. India’s proximity to the Middle East, the world's source of petrochemicals feedstock, makes for economies of scale. India a strong global dye supplier, accounting for approximately 16% of the world production of dyestuff and dye intermediates. Chemicals industry in India has been de-licensed except for few hazardous chemicals. Upcoming Petroleum Chemicals and Petrochemicals InvestmentRegions (PCPIRs) and Plastic parks will made state-of-the art infrastructure for Chemical and Petrochemicals sector.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.