January 27, 2021 Mukesh Kumar Surana, CMD, HPCL× PCPIR in Rajasthan eyes ₹15,000 crore investment and 1.5 lakh jobs by 2030 Post-Covid consumption spike is set to drive the growth for the petrochemicals segment and fuel the growth opportunity for the downstream players, informed Mukesh Kumar Surana, Chairman and Managing Director (CMD), Hindustan Petroleum Corporation Limited (HPCL) on Wednesday. Surana also stated that overall consumption of petrochemicals will go up substantially and grow at the 1.5-times the GDP growth of the country. “Due to pandemic, there is a general uptrend in the consumption of petrochemicals and derivatives of petrochemicals such as plastics. Driven by higher disposable income, rapid urbanisation, brand consciousness accompanied by targeted increase in consumption in automobile and housing sector will drive growth in petrochemical segment,” Surana said during a global virtual meeting between Rajasthan Government and top global downstream players on the investment potential in the upcoming Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Barmer, Rajasthan. The meeting was jointly organised by Rajasthan State Industrial Development and Investment Corporation Limited (RIICO) and Confederation of Indian Industries(CII).