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Govt Is Prioritising Chemicals, Petrochemicals Sector To Boost India’s Economic Growth

Minister of State for Chemicals and Fertilizers Anupriya Patel today said that the government is prioritising the chemicals and petrochemical sector to fulfil the larger national goal of becoming the third-largest economy in the world. The Minister said this while launching the 14th edition of India Chem with the theme “Advantage Bharat: An Emerging Global Chemicals Hub” in New Delhi.

Ms Patel highlighted the importance of self-reliance in the sector amid global trade and supply chain disruptions. She said that India has the potential to enhance domestic capabilities and can emerge as a reliable partner for the rest of the world. She also stressed on advancing manufacturing in the chemicals and petrochemical sector.

The 14th edition of India Chem will be held between the 22nd and 24th of this month in Mumbai. India Chem the flagship event of the Department, is one of the largest composite events of the industry in the Asia-Pacific comprising an International Exhibition and Conference.

The India Chem exhibition aims to showcase the huge potential of the Indian chemical industry as well as its different industry segments (including chemicals, petrochemicals, agrochemicals) and to provide a platform for groundbreaking discussions, visionary ideas, and strategic collaborations amongst industry representatives. The Indian chemical industry is expected to reach 300 billion US dollar by 2030. (UPDATED O 5TH OCT 2026)

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