Gautam Adani’s conglomerate is set to enter the petrochemicals sector with a Rs one million tonne per annum Polyvinyl Chloride (PVC) plant in Mundra, Gujarat. The plant is expected to be commissioned by financial year 2028 and will use acetylene and carbide-based production technologies. 

This move aligns with India's goal to reduce its heavy dependence on PVC imports, with current domestic production standing at only 1.59 million tonne against an annual demand of four million tonne. PVC is a versatile synthetic plastic polymer widely used in agriculture, infrastructure, housing, packaging, and pharmaceuticals. The plant will serve key sectors like irrigation, water supply, sanitation, and urban housing.

The flagship Adani Enterprises is developing a broader petrochemical cluster at Mundra, which includes this PVC unit along with chlor-alkali, calcium carbide, and acetylene production facilities. The project has already secured environmental clearances and establishment consent, reinforcing teh company's rapidly expanding petrochemical industry.