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CPMAI || Home Home About Us Objectives How to become a member CPMA Members Managing Committee Member Area Knowledge Centre Product Group Building Blocks Commodity Plastics Syn Rubbers Surfactants Fibre Intermediates Syn Fibres Fiscal Custom Duty Import Duty Comparison Asian Countries Conversion Norms Economic Indicators GDP IIP IIP Growth Rate Core Industries - Growth rate (%) Inflation Foodgrain production Automobile - Production Automobile Sales M3 Broad Money Supply FDI & FII Exports and Imports Forex Reserves & Exchange Rate News Economy Energy Merger & Acquisitions Petrochemicals Startups/Closures/Outages CPMA Member Companies Publication DCPC statistics 2020 Annual report of DCPC 2020 - 2021 12th Plan Sub-Group Report on Petrochemicals Infrastructure Report VOl.II No.I Annual Report of DCPC 2021-22 DCPC Statistics 2021 DCPC Annual Report 2022-23 APIC APIC Members Page APIC Country Papers APIC Conference Photos Key Links ICPE ICC Plast India Foundation GCPRS GPCA APIC Contact Us Sitemap Feedback Home About Us Objectives How to become a member CPMA Members Managing Committee Member Area Knowledge Centre Product Group Building Blocks Commodity Plastics Syn Rubbers Surfactants Fibre Intermediates Syn Fibres Fiscal Custom Duty Import Duty Comparison Asian Countries Conversion Norms Economic Indicators GDP IIP IIP Growth Rate Core Industries - Growth rate (%) Inflation Foodgrain production Automobile - Production Automobile Sales M3 Broad Money Supply FDI & FII Exports and Imports Forex Reserves & Exchange Rate News Economy Energy Merger & Acquisitions Petrochemicals Startups/Closures/Outages CPMA Member Companies Publication DCPC statistics 2020 Annual report of DCPC 2020 - 2021 12th Plan Sub-Group Report on Petrochemicals Infrastructure Report VOl.II No.I Annual Report of DCPC 2021-22 DCPC Statistics 2021 DCPC Annual Report 2022-23 APIC APIC Members Page APIC Country Papers APIC Conference Photos Key Links ICPE ICC Plast India Foundation GCPRS GPCA APIC Contact Us Sitemap Feedback Welcome to CPMA CPMA (Chemicals & Petrochemicals Manufacturers’ Association) is the apex forum in the country representing the Indian Chemicals & Petrochemicals Industry. Established in 1993, the Association offers its members a podium to collectively present their ideas, voice their concerns and offer suggestions on industry issues. It provides a linkage between the industry, the Government and the society at large. It is dedicated to the development of petrochemical industry in India and works in close liaison with its members, associated industries, national industry forums (FICCI, CII etc) and Govt of India. Read More How to become a MemberCPMA is the apex forum representing the Indian Petrochemical Industry. Register Here CPMA Members INTEGRATED STYRENICS PVC EPC PP OTHERS Associate Member CPMA Managing Committee Shri Kamal Nanavaty President Shri SG Venkatesh Vice President Shri Malwinder Singh Battu Vice President Shri Pranav Kumar Secretary General CPMA Executive Members APIC APIC Members Page APIC Member's Page Read More APIC Country Papers APIC Country Papers Read More APIC Conference Photos APIC Conference Photo's Read More PRESS RELEASE 23-07-2024New Delhi A Balanced Budget Focused on Growth, Infrastructure & Energy Transition: CPMA Finance Minister Nirmala Sitharaman in her first budget of third NDA government made strong pitch for infrastructure development, job creation and energy transition amongst several new initiatives she announced today. The budget is aimed towards building a robust roadmap for ‘Viksit Bharat’, for which sustained efforts are to be made on the number of priorities that include productivity & resilience in agriculture, employment & skilling, boosting domestic manufacturing, energy security etc. “The proposal to pay special attention to MSMEs and manufacturing, particularly labor-intensive manufacturing through a package of support measures is commendable”, said Mr. Kamal Nanavaty, President, Chemical & Petrochemical Manufacturers’ Association. This package covers financing, regulatory changes, and technology support for MSMEs so that they can grow and compete globally. “The budget proposal to set up a Critical Mineral Mission along with to bring out a policy document on appropriate energy transition pathways would encourage Indian industry to contribute in the mission of just energy transition and security with an aim to realise the nation’s “net zero” goal by 2070”, Mr. Nanavaty further emphasised. The Critical Mineral Mission would facilitate domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets. Its mandate will include technology development, skilled workforce, extended producer responsibility framework, and a suitable financing mechanism. While thrust would be on developing domestic production capacity of critical minerals, but parallelly the budget proposes to fully exempt customs duties on 25 critical minerals and reduce BCD on two of them. This will provide a major fillip to the processing and refining of such minerals and help secure their availability for these strategic and important sectors. The budget has several other visionary initiatives such as employment-linked incentive, incentivizing States for implementation of their Business Reforms Action Plans and digitalization, promoting private sector investment in infrastructure through viability gap funding, would all give a big boost to domestic manufacturing through FDI and domestic investment. sg@cpmaindia.com, rajat.sharma@cpmaindia.com, cpmai@cpmaindia.com Past APIC Conferences Gallery View All APIC 2017 APIC 2013 APIC 2012 APIC 2011 APIC 2010 APIC 2009 APIC 2008 APIC 2023 × × × × × × × × News Economy 01st Jul, 2023 GST mop-up rises 12% to over Rs 1.61 lakh crore in June GST collections rose 12 per cent to over Rs 1.61 lakh crore in June, the Finance Ministry said on Saturday.The gross GST collection has crossed Rs 1.60 lakh crore mark for the fourth time since the ro ...Read More Economy 12th Jul, 2023 Tyre demand in India to grow by 6-8% in FY24, says Icra report. India’s tyre demand is expected to grow 6-8 percent in Financial Year 2023-24 (FY24) due to replacement and the needs of original equipment manufacturers (OEM), said rating agency Icra in a recent r ...Read More Economy 16th Jul, 2024 India may soon be the second biggest bond market among emerging economies China and Brazil have bigger bond markets than India right now. However, the inclusion of India's sovereign bonds may allow a new set of foreign investors to pump in as much as $20 billion by March ...Read More Energy August 21, 2024 India signs green ammonia offtake agreement with Japan Union Minister of New and Renewable Energy Prahlad Joshi chaired the signing ceremony of the first-ever agreement for the export of Green Ammonia from India to Japan. The project offtake agreement, ...Read More Energy September 16, 2024 Sumitomo enters India’s renewable energy market with $711.54m investment Japan’s Sumitomo Corporation has set its foot on India’s renewable energy sector through its joint venture with AMPIN Energy Transition Private Limited that will invest $711.54m (JPY100b) to deve ...Read More Energy January 04, 2025 Aim to achieve 100 per cent renewable energy through solar panels, wind mills in Andaman-Nicobar Islands, Lakshadweep: Amit Shah in 7th IDA meet The Ministry of Home Affairs, Andaman and Nicobar Islands Administration and Lakshadweep Administration made comprehensive presentation on various development projects, including enhancements in di ...Read More Energy January 16, 2025 ADNOC and AIQ Successfully Complete Trial Phase of Agentic AI Solution Abu Dhabi, UAE – January 16, 2025: ADNOC and AIQ announced today the successful proof-of-concept trial of ENERGYai, the world’s first-of-its-kind agentic artificial intelligence (AI) solution tail ...Read More Petrochemical 20th May, 2024 Petrochemical Products Quality Control Orders 2023 Making standards mandatory for Packaging of Cement, Fertilizers, Polymers and Postal Bags of Petrochemical Products Quality Control Orders 2023. It is to inform that Department of Chemicals and Pe ...Read More Petrochemical 09th August, 2024 India's Reliance in crude-for-naphtha swap deal with Venezuela, sources say India's Reliance Industries plans to use naptha supplies as partial payment for crude purchases from Venezuela after the refiner obtained a U.S. approval last month to resume oil trade with the sancti ...Read More Petrochemical 24th December, 2024 BPCL to start pre-project activities to set up Rs. 6,100 crore refinery cum petchem complex in AP The Board of Bharat Petroleum Corporation Limited (BPCL) at its meeting held on Tuesday, 24th December, 2024, has accorded its approval to commence pre project activities for setting up of a green fie ...Read More CPMA Member July 31, 2023 We plan to invest ₹1.5 lakh crore in five years to expand operations: G Krishnakumar, BPCL chairman BPCL plans to invest ₹1.5 lakh crore in the next five years to diversify operations as it targets net zero carbon dioxide emissions by 2040, BPCL chairman G Krishnakumar told ET's Kalpana Pathak. ...Read More CPMA Member August 02, 2023 MRPL to make calibrated investments in petrochemicals Mangalore Refinery and Petrochemicals Ltd (MRPL) has said it would make calibrated investments in petrochemicals to embrace long-term changes. In its annual report for 2022-23, the company said this ...Read More CPMA Member August 03, 2023 RIL gears up to produce green hydrogen in two years Reliance Industries (RIL) is laying down infrastructure for disbursement of green hydrogen from its proposed plant in Gujarat as it prepares to begin production of the fuel by 2025, three officials ...Read More CPMA Member August 22, 2024 ONGC approves investment of Rs. 7,778 Cr in OPaL The Board of Directors of Oil and Natural Gas Corporation Ltd. (ONGC) at its meeting has considered and approved investments of Rs. 7,778 crore in ONGC Petro additions Limited (OPaL). Additional ...Read More Contact Us Sitemap Feedback Copyrights © 2023 – CPMA – Chemicals and Petrochemicals Manufacturers’ Association . All Rights Reserved Designed & Developed by - Innovins
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