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DD News 2026-11-07
India's Chemicals and Petrochemicals Sector Boosts Manufacturing Capacity and Investment Potential India's chemicals and petrochemicals sector is expanding its manufacturing capacity and attracting investments through initiatives like dedicated industrial parks and infrastructure development. The 14th edition of India Chem 2026, held in Mumbai from October 22 to 24, aimed to promote sustainable growth and global collaboration in the sector, drawing over 5,000 visitors. Currently valued at approximately USD 220 billion, the sector is projected to grow to USD 300 billion by 2030 and USD 1 trillion by 2040. With a significant presence in various industries, India ranks as the world's sixth-largest producer of chemicals and the fourth-largest in Asia.
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