With the objective of tapping new markets and identifying new opportunities for trade and investment, Trade Promotion Council of India (TPCI), has constituted a new committee focusing on chemical and allied Products. TPCI has constituted the new committee to give handholding to the industry which will act as a think tank, submitting its suggestions and recommendations to the government for policies to boost exports.  

 

The committee on chemical will now be chaired by Manish Shah, Managing Director of Tanya Exports. Kapil Malhotra, Sr. Vice President – Marketing of Gujarat Flurochemicals Ltd. has been elected as the Vice Chair of the committee. The objective of the committee is to explore and develop a niche market strategy and plan for revamping the chemical sector in India.

 

Manish Shah, Chairman of the chemical committee said, “The committee of Chemical & Allied Products, will help the industry by drawing the attention of the government and industrialists towards major issues and policies that are existing in the current scenario. The committee will also work for gathering the insights of the market by talking to the industrialists and market leaders”. 

 

Kapil Malhotra, Vice Chairman said, “Chemical sector in India is seeing a lot of new business opportunities post the Chinese related problems globally. The world is looking at India for filling the gaps which are going to be created in future especially in the Speciality Chemicals and the API segment.”

 

The committee will meet regularly and will also represent the demand and concerns of the industry at various forums. 

 

TPCI is an apex trade and investment promotion organization notified in the Foreign Trade Policy. TPCI is also recognized and supported by the Department of Commerce, Govt. of India. The organization works towards facilitating the growth of Indian industry with global investment & trade opportunities. The council provides strategies for expanding business internationally, by organizing specialized business events and simultaneously working with the Government by providing policy suggestions which are essentially based on inputs collated from research and industry stakeholders.