Presentation by Capt. Rahul Kashyap, Master Pilot/Asst. PFSO, Marine Department, Mumbai Port Authority
Presentation by Prof. (Dr.) Ganapati D. Yadav, Emeritus Professor of Eminence, Institute of Chemical Technology, Mumbai
Presentation by Mr. Rahul Tikoo, Managing Director and Chief Executive Officer, Optime Specialities Pvt. Ltd.
Presentation by Mr. Ravikumar Nair, Sr. Vice President – Logistics, Petrochemical Business, Reliance Industries Ltd.
Presentation by Mr. Pravin Prashant, Executive Editor, Indian Chemical News
Presentation by Dr. Achala Danait, Director - Strategy & Industry Partnerships and Dean of Research, Somaiya Vidyavihar University
Presentation by Mr. Shivkumar Balasubramanian, Director – India Business, Netradyne on “Role of AI in Chemical Logistics”
Session on Supply Chain Resilience In Chemical Logistics: Managing Risks And Disruptions
Session on Digitalization And Automation In Chemical Logistics
Session on Safety Measures And Regulations For Chemical Storage And Transportation
Session on Changing Role Of Ports For Chemical Logistics Activities
Session on Optimization Of Transportation Costs And Operational Efficiencies In Chemical Logistics
Vote of Thanks by Mr. Yogesh Joshi, Director, Indian Chemical News
The global chemical logistics and supply chain market size is estimated to be valued at around US$ 1.4 trillion in 2021, according to a report by Mordor Intelligence. It is expected to grow at a CAGR of around 6% from 2021 to 2026. In India, the chemical logistics and supply chain market is also experiencing significant growth. According to a report by Grand View Research, the Indian chemical logistics market was valued at approximately US$ 4.85 billion in 2020 and is projected to reach US$ 12.35 billion by 2028, growing at a CAGR of 12.3% from 2021 to 2028.
India is the third-largest producer of chemicals in Asia and sixth largest in the world, contributing around 7% to the country’s GDP. The market size of the Indian chemicals industry is expected to grow from US$ 220 billion in 2022 to US$ 800 billion - US $1 trillion by 2040, offering a huge growth opportunity.
The growth is attributed to the increasing demand for chemicals, rising demand for enduser industries, infrastructure development, government initiatives like PM Gati Shakti and National Logistics Policy, and the adoption of advanced technologies. Additionally, the outsourcing of logistics services by chemical companies and the focus on safety and compliance in chemical transportation and storage are also driving market growth. The growth in e-commerce and online platforms is further boosting the demand for efficient logistics services.
The main theme of 3rd Edition of 'ChemConnect' focuses on "Navigating the Future of Chemical Supply Chain & Logistics". The conference aims to host a number of panel discussions to curate the most meaningful and business-enabling idea exchange to further government and industry's growth aspirations.
The global supply chain and logistics for the Indian chemical industry can be
streamlined through several strategies and initiatives such as developing efficient
infrastructure, collaboration and partnerships, digitalization and automation, regulatory
compliance and sustainable practices amongst others.
Investments in building and upgrading infrastructure such as ports, roads, and railways
can help improve the movement of goods and reduce transit times. Special economic
zones (SEZs) and industrial corridors can also be established to cater specifically to the
chemical industry's needs.
Moreover, adoption of digital technologies and automation can significantly improve
supply chain visibility, inventory management and overall efficiency. Implementing tools
like IoT sensors, RFID, and blockchain can help track and trace the movement of
chemicals, ensuring quality control and reducing paperwork.
This can be achieved by building strong partnerships with logistics service
providers, third-party logistics (3PL) companies, and freight forwarders.
Collaborative initiatives such as sharing warehouses, transport capacity,
and information can reduce costs and optimize resources.
Also, ensuring adherence to international regulations and standards is
crucial for the chemical industry. Implementing proper labeling, packaging,
and documentation procedures can help avoid delays and penalties during
transportation.
What is also needed is to develop a skilled workforce in the areas of supply
chain management, logistics, and customs regulations. Adopting
sustainable and eco-friendly practices is becoming increasingly important
in global supply chains. The Indian chemical industry can invest in green
logistics solutions, such as using alternative fuels, optimizing routes, or
implementing reverse logistics for recycling and waste management.
Most importantly, anticipating and managing risks is crucial for a robust
supply chain. Implementing strategies to mitigate risks associated with
transportation delays, natural disasters, or geopolitical instability can
ensure smooth operations.
Overall, streamlining the global supply chain and logistics for the Indian
chemical industry requires a holistic approach involving infrastructure
development, technology adoption, collaboration, regulatory compliance,
skill development, sustainability, and risk management.
Emeritus Professor of Eminence
Institute of Chemical Technology Mumbai
Vice Chancellor
Somaiya Vidyavihar University
Chief Operating Officer
IndianOil Adani Ventures Ltd.
Head – Supply Chain, Petchem
Reliance Industries Ltd
President
J.M. Baxi & Co.
Head - Customer Delight
Galaxy Surfactants Ltd.
Head – Supply Chain Excellence
DFPCL
India Representative
Haropa Port
Global Product Stewardship, Technology & Sustainability,
Clariant India Ltd
Head Customer Experience IMEA
Henkel Adhesives Technologies India
EX Regional Director – South Asia and MD – India
Brenntag Ingredients India
Vice President- Supply Chain Management
Hindustan Platinum
Founder &CEO
CSRLSC India
Managing Director
Daga Global Chemicals
Head of Rapid Deployment – APAC
Bayer
India Representative
Port of Antwerp – Bruges
Sr. VP – Logistics, Petrochemical Business
Reliance Industries Ltd
Head of Purchase & Supply Chain Management
Cosmo Films Limited
Executive Editor
Indian Chemical News
Chief Procurement Officer & SCM
Apcotex Industries Ltd.
Head, Supply Chain – South West Asia
FMC Corporation
MDs/CEOs, C-level, Senior Executives, Directors, GMs, HODs from chemicals and petrochemicals industry involved in:
A well curated conference agenda focusing on post-pandemic challenges and global trends
Networking Expo providing ample networking opportunities with industry experts and solution providers
Gain insights from who’s who of chemicals and petrochemicals industry
Explore innovative products & solutions from the top industry players
Develop new & strengthen existing relations with business partners and suppliers
Network with key decision makers from chemicals and petrochemicals industry all under one roof
Excellent platform for brand building and thought leadership
The profile of the speaker faculty is always critical to engage qualitative and quantitative delegate participation. As such, we take utmost care to address pressing issues and design a sharp conference module that would capture attention of knowledgeable, experienced and well informed industry experts.
With the combination of ICN editorial cum research based approach and excellent connect with senior level industry stakeholders, we are poised to further expand our reach with ChemConnect 2024. The upcoming summit will be driven by a unique audience pre-qualification process and shall be promoted extensively both via offline and digital outreach platforms.
Indian Chemical News is an important online resource for news, views, analysis, trends, technology updates and interviews with prominent leaders in the Chemicals, Petrochemicals, and Energy sector. Our aim is to provide independent, authoritative, and interactive Chemicals, Petrochemicals, and Energy information, enabling our readers to make better-informed business and planning decisions. Our mission is to be India's most credible media platform for the Chemicals, Petrochemicals, and Energy industries. We have been actively covering the Chemicals and Petrochemicals sector since 2008.