India is the seventh largest producer of chemicals globally and third largest producer in Asia in terms of output. The country ranks third globally in the production of agro chemicals and contributes around 16 per cent to the global dyestuff and dye intermediates production. Among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products. The chemical sector is expected to double to US$ 300 billion by 2025, clocking an annual growth rate of 15-20 per cent. To achieve this, the government of India is working on a draft chemical policy that will focus on meeting the rising demand for chemicals and reduce imports. There is a global shift towards Asia as the world’s chemicals manufacturing hub- making this sector a unique investment opportunity.