Chemical & Petrochemical Industry in India

India is the 6th largest producer of chemicals in the world and the 3rd largest in Asia, contributing 7% to the country’s GDP The chemical and petrochemical industry in India employs over 2 million people and produces more than 80,000 different chemicals and petrochemicals About 70% of India’s chemical production is used within the country India contributes to 2.5% of global chemical sales On the global stage, India holds a strong position in the trade of chemicals, ranking 14th in exports and 8th in imports (excluding pharmaceuticals) India has a significant global presence, exporting chemicals to more than 90 countries, especially in the areas of dyes, pharmaceuticals, and agrochemicals. Mega Trends in Chemical & Petrochemical Sector Sustainability and Green Chemistry Eco-friendly Products: Increasing demand for biodegradable and sustainable chemicals Circular Economy: Focus on recycling and reducing waste through efficient processes Carbon Footprint Reduction: Compan...