The Western Indian state of Gujarat, home to some of the biggest names in Petrochemicals and chemical industries like Reliance, has seen its Chemical industry emerge as the largest and fastest growing sector of the state’s economy.

However, while offering advantages like its business friendly policies and robust infrastructure, the recent Tata Strategic Management Group report has highlighted the need for the state to compare itself with international examples for an integrated development which will be a key to make Gujarat as a stronger chemical hub.

The reports points out that with the eastern countries gaining more prominence in a global chemical market, role of Gujarat will be even more crucial in the coming future. Furthermore, it says that comparing with international examples such as Jurong Island, Singapore (One of the most state-of-the-art chemical hubs and home to companies like BASF, ExxonMobil, DowDuPont, Mitsui Chemicals, Shell and Singapore Petroleum Company, to name a few) and ensuring that the State and Central departments and agencies work seamlessly to help achieve the goal of integrated development will be key to growth of Gujarat as a chemical hub.

Ranking right at the top of the chart amongst the Indian states’ in term of their Chemical Industry size, the state has further consolidated its top position and its profile as ‘Petrochemical and Chemical Capital of India’, contributing 62% of Petrochemical production, 53% of chemical production and 45% of Pharmaceuticals production.