India’s Petrochemical Import Tree — From Petrol to Product (HSN-coded)

India · Crude-to-Chemicals · ITC-HS 8-digit

From petrol to product — India's petrochemical import tree

The polymers and chemicals India imports are made from the same petrol-range refinery streams it burns or exports as fuel: naphtha (→ olefins) and reformate aromatics (→ BTX). Each product below is tagged with its 8-digit ITC-HS code and import dependence — the map for crude-to-chemicals import substitution.

naphtha → olefins/C4 reformate → aromatics (BTX) gas-based (weak petrol link) import dependence: ~100% 85–90% high 20–40% partial
₹1.25 lakh cr high-petrol-link substitutable imports / yr (~$15 bn) 22 products shown (25 in full analysis) 7 building blocks
How to use this. Every card is a building block traceable to a petrol-range stream; each product carries the ITC-HS code to pull live tonnage, value and origin on Tradestat (tradestat.commerce.gov.in) or Niryat. The deepest, highest-value gaps — polycarbonate, MDI/TDI, nylon, ABS/ACN, styrene — cluster in the benzene/propylene chains: engineering plastics & polyurethanes, ~85–100% imported. As ethanol/EV free petrol-range volume, cracking it into these products captures the petrochemical premium (Digital Refining: +$1.5–2/bbl marginal, $60–80/bbl full COTC) and erases an import.
Values approximate (MoC Statistics-at-a-Glance · DGCIS/Tradestat · industry, 2023–25). HSN = ITC-HS 8-digit; verify on DGFT ITC-HS 2022. Tree from the ICIS Petrochemicals Flowchart. ₹→$ at ₹86 · repo india-omc-fuel-fleet-model
Disclaimer: This analysis is based on publicly available government and market data cited in the article above. It is provided for informational and research purposes only and does not constitute investment, legal, or policy advice. Figures may be revised as source data is updated — verify against the original source before relying on them for decisions.

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