Saudi Basic Industries Corporation (Sabic) is looking for investment opportunities in India but would want regulatory changes before such a move, the company's CEO Yousef Al Benyan expressed in the sidelines of the 10th annual Gulf Petrochemicals and Chemicals Association annual forum, as reported by Platts.
India is the fastest growing market and there are several investment opportunities [in the country]. We need regulatory changes that promote investments. Sabic sees demand growth for petrochemicals in a country as 1.5 times its economic growth, Al Benyan said.Although Sabic is a major exporter of various petrochemicals to India, its physical presence in the country is limited to innovation centers in Bangalore, Vadodara, Gurgaon, Mumbai and Pune.
23-Nov-15 
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