About Chemicals Sector
Exploring Profound Potential: Investing in India's Thriving Chemical Industry.
Unveil boundless investment possibilities within India's vibrant chemical sector. Ranking as the world's sixth-largest chemical producer and the third-largest in Asia, India offers a thriving landscape. With a diverse array of over 80,000 commercial products spanning bulk, specialty, petrochemicals, agrochemicals, polymers, and fertilizers, the potential is immense.
In 2020, the industry amassed USD 180 billion and is projected to escalate to USD 304 billion by 2025. India's chemical exports span 175 countries, holding the 14th global export position. A noteworthy mention is the export dominance in agrochemicals, with nearly 50% originating from India.
Experience the transformative impact of the Production Linked Incentives (PLI) Scheme for Advanced Chemistry Cell (ACC) Battery Storage. Introduced in 2021 with a USD 2 billion allocation over 5 years, this initiative catalyzes local advanced chemistry cell manufacturing, ultimately reducing battery costs nationwide.
Explore investment opportunities in Chemical projects in India and participate in shaping a dynamic future. Embrace growth today.