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Asian Chemical Connections

India’s Budget: The Toilet Test

By John Richardson IT was fantastic news to hear that Narendra Modi, in his first budget as Prime Minister, has repeated his pledge of ensuring that every Indian has access to a toilet by 2019. But will he follow through on this pledge? We sincerely hope so as tackling this one big issue should define […]

Modi Pledges To Do More Than Just Boost The Stock Market

By John Richardson THE blog is delighted that Narendra Modi sees the bigger picture through this bold statement: “By 2022, no Indian should be without a home, without clean water, without electricity and without a toilet.” Fantastic. This is exactly what we wanted to hear rather than a load of unrealistic nonsense about India achieving […]

How To Cash In On India’s Demographic Dividend

By John Richardson A DEMOGRAPHIC dividend is only a demographic dividend if you can create enough jobs for most of your young people. That’s one of India’s biggest challenges. During the economic Supercycle, cashing in on this dividend was relatively straightforward. If India had managed to sort out its restrictive labour practices, a sometimes nightmarish […]

India PVC Growth In Context

By John Richardson INDIAN polyvinyl chloride (PVC) demand is expected to increase by 13-14% in the financial year ending 31 March 2013 compared with just 3% growth in 2011-2012. This is further evidence that, just perhaps, the decline in the country’s overall macro-economic environment has bottomed out. “In volume terms, consumption will reach around 2.25m […]

China’s Luxury Goods Risk

  By John Richardson THE “luxury end” of China’s polyethylene (PE) market is being heavily targeted by overseas producers and the results so far have been pretty spectacular, according to one of the producers. “The annual growth in demand for higher value grades has been tremendous – two times GDP,” said a senior executive with […]

India Needs A New Political Direction

Manmohan Singh compromises to the point where “policy has no direction” Source of picture: Wikipedia   By John Richardson IN A week during which the Eurozone could quite easily break-up, the influence that individual political leaders will have on shaping our economic future has been thrown in to further stark relief. And in some countries it […]

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