By: ICN Bureau
Last updated : October 22, 2026 6:00 pm
India Chem 2026 to strengthen global partnerships, attract investments and promote sustainable growth in the chemicals and petrochemicals sector
Union Minister for Chemicals and Fertilizers, Shri J.P. Nadda, officially opened the 14th edition of India Chem 2026 today in Mumbai.
Addressing policymakers and corporate leaders at the conference, the Minister emphasized that the government is actively fostering a highly supportive ecosystem for the domestic chemical market. He highlighted the newly introduced BHAVYA Rasayan Scheme, describing it as a structural game changer designed to elevate India into a premier global manufacturing destination.
Nadda emphasized that the chemical and petrochemical industry is indispensable to achieving a "Viksit Bharat" by 2047. He noted that this objective opens massive opportunities for both local businesses and the numerous multinational corporations in attendance. Ultimately, he concluded that a self-reliant and developed India depends on a thriving, world-class chemical sector.
Nadda shared a message from Prime Minister Narendra Modi for India Chem 2026. In it, the Prime Minister highlighted that efforts to improve the ease of doing business, combined with India's expanding network of Free Trade Agreements, are unlocking fresh investment avenues and global market access. He expressed confidence that Indian chemical manufacturers will seize these opportunities to cement their position in global supply chains.
Chief Ministers Devendra Fadnavis (Maharashtra), Dr. Mohan Yadav (Madhya Pradesh), and Mohan Charan Manjhi (Odisha) also spoke at the event. They encouraged business and industry leaders to capitalize on the investment opportunities within their respective states' chemical and petrochemical sectors.
Fadnavis emphasized that the chemical industry is a cornerstone of Maharashtra's economy, supporting around 300,000 jobs. To further boost the sector, he stated that the state is launching a modern, business-friendly policy designed to simplify operations and attract new investments.
Chief Ministers of Madhya Pradesh and Odisha invited industries to get benefit from their business friendly investment policies and infrastructure provided for Chemical Industry.
Speaking at the event, Anupriya Patel, Union Minister of State for Health & Family Welfare and Chemicals & Fertilizers, highlighted the chemical and petrochemical sector's vital role in meeting basic needs and raising living standards. She urged industry leaders to capitalize on current government incentives and opportunities, pointing to the newly launched Bharat Audyogik Vikas Yojna (BHAVYA) Rasayan Scheme, which will fund three dedicated chemical parks. Additionally, Patel called for close collaboration between industry heads and local authorities, noting that state governments are crucial to successfully implementing the initiative.
Tejveer Singh, Secretary of the Department of Chemicals & Petrochemicals, detailed the event's goals during its launch. He explained that the event aims to boost India's chemical and petrochemical sectors by hosting focused group discussions on the future of various subsectors. Singh also noted that the two-day event is designed to give companies a structured platform for meaningful business-to-business (B2B) collaboration.
Nadda along with dignitaries also visited the stalls at the India Chem 2026 exhibition and interacted with industry leaders.
On the occasion a knowledge paper prepared jointly by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst & Young (EY) was released during the inaugural session of India Chem 2026.
The three-day event, being organised by the Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilizers, in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI), comprises an international exhibition and conference. It brings together key stakeholders from the chemicals and petrochemicals sector, including industry leaders, policymakers, investors, researchers and international participants.
India Chem 2026 is expected to play an important role in advancing the vision of “Advantage Bharat: An Emerging Global Chemicals Hub” by connecting global expertise with India's manufacturing strengths, investment potential and commitment to sustainable industrial development.