Project delays and sluggish industrial performance have undermined petrochemicals growth in India. However, the long-term outlook remains positive, even with reduction in our forecast for consumption growth. ...Bharat Petroleum Corp Ltd (BPCL) s Kochi Refinery in Kochi, Kerala was due to be expanded to ---,--- barrels per day (b/d) from the current ---,---b/d in May,but was pushed back to possibly Q---. Propylene and ethylene, used as raw materials in the production of synthetic textiles, would be among the petrochemicals that would be produced at the proposed petrochemicals complex, which it aims to open in ----. JBF is building a -.--mn tones per annum (tpa) PTA unit at the Mangalore SEZ, which will supply downstream PET producers. ...It still retains its seventh place in the regional RRI ranking, -.- points behind Thailand and -.- points ahead of Malaysia. Greater clarity on investment policies and new capacity expansion would further boost the score.
...Large coalition governments complicate policymaking at the centre as coalition partners and outside parties pursue their own agendas. The competence of state government varies enormously across India s -- states and union territories. India s tense relationship with Pakistan still weighs on regional stability. The two countries have gone to war three times since they were partitioned on independence from British rule in ----. Issues such as the ineffectiveness of the executive and judiciary in controlling underhand practices, the apparent arbitrary allocation of government licences, and the uneasy influence of special interest groups remain key investor concerns. ...The two countries have gone to war three times since they were partitioned on independence from British rule in ----. Issues such as the ineffectiveness of the executive and judiciary in controlling underhand practices, the apparent arbitrary allocation of government licences, and the uneasy influence of special interest groups remain key investor concerns.
...A secular constitution, framed in ----, officially guarantees justice, liberty and equality while aiming to promote fraternity among the citizenry. ...A secular constitution, framed in ----, officially guarantees justice, liberty and equality while aiming to promote fraternity among the citizenry. More than -,--- political parties registered for the April-May ---- general elections, competing for the preference of India s ---mn eligible voters. Despite its multitude of problems, India has generally managed to avoid hard authoritarian rule or military coups, which have happened in many other developing countries, including India s neighbours Bangladesh, Myanmar, and Pakistan. ...
