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Chemicals

About Chemicals

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.

Snapshot

  • 91 Opportunities
  • 431.36 mn USD Worth

Mode of Implementation

  • 21 Others
  • 5 PPP
  • 1 EPC
  • 0 Turnkey
Top performing states
Chemicals | Requirement

Subsectors

Paper Products

24 Opportunities

USD 81.72 mn worth

India is the 4th largest producer of agrochemicals in the world

Plastic Products

22 Opportunities

USD 18.05 mn worth

India is the 4th largest producer of agrochemicals in the world

Alcohol Products

20 Opportunities

USD 249.36 mn worth

India is the 4th largest producer of agrochemicals in the world

Petrochemicals

12 Opportunities

USD 10.26 mn worth

India is the 4th largest producer of agrochemicals in the world

Top Promoters

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Policies
  • National Rubber Policy 2019

    To promote overall sustainability of the Rubber Industry with respect to economic, social and environmental dimensions

  • Guidelines for Chemicals Promotion and Development Scheme

    The objectives of CPDS is to facilitate growth and development Chemicals and Petrochemicals Industry by creation of knowledge products and dissemination of knowledge to facilitate development of these sectors.

  • (Amendments) Plastic Waste Management Rules, 2018

    Amendments to the Plastic Waste Management Rules, 2016

  • New Urea Policy 2015

    The Policy seeks to: (i) increase indigenous urea production, (ii) promote energy efficiency in urea production, and (iii) reduce subsidy burden on the central government.

  • Policy Resolution for Promotion of Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs)

    To promote investment in the sector and make the country an important hub for both domestic and international markets, the government has decided to attract major investment, both domestic and foreign, by providing a transparent and investment friendly policy and facility regime under which integrated Petroleum, Chemicals & Petrochemical Investment Regions (PCPIRs) may be set up.

  • Scheme for setting up of plastic parks

    The objectives of this scheme are to increase the competitiveness and investments and achieve environmental sustainability.