"Next leap of GDP growth has too come from the manufacturing growth and that specifies the importance of PCPIR", concluded Mr Raha.
Mr S K Bhowmik, Chairman, CII National Committee on Petrochemicals & Managing Director Haldia Petrochemicals Ltd pointed out that the Indian Petrochemical Industry should set long term targets of per capita consumption of plastic raw materials and build corresponding processing capabilities.
"There is lot to be done in the processing industry without which we will not be able to reach the potential consumption levels", said Mr Bhowmik.
While concluding the two day CII Conference, Mr Bhowmik stressed on the need for ensuring financial health of the industry through equitable taxation regime to make investment worthwhile.
Confederation of Indian Industry
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