Government will come up with policy interventions required to strengthen the sector
Union Minister for Chemicals & Fertilizers J P Nadda launched the 13th edition of the India Chem with the theme "Advantage Bharat: Indian Chemicals and Petrochemicals Paving the Future", in New Delhi in the presence of Anupriya Patel, MoS for Chemicals & Fertilizers.
Nadda also launched the brochure for the 13th edition of India Chem. Nivedita Shukla Verma, Secretary, Department of Chemicals and Petrochemicals was also present on the occasion along with senior officials from the Ministry and industry representatives from the chemical and petrochemical sector.
Nadda expressed appreciation that the event has traveled a long journey and is now ready for its 13th edition to be held on 17th-19th October in Mumbai. Nadda said that the Government is committed to the growth of the industry and has initiated numerous structural reforms to support industrial development in general, and to strengthen the chemical sector in particular, and stated that this sector is a top priority for the Government.
He also assured the industry representatives that the government will come up with policy interventions required to strengthen the sector.
Addressing the gathering on the occasion Patel said that the chemical and petrochemical sector plays a crucial role in the economic development of key sectors such as automotive, construction, electronics, healthcare, textiles, and FMCGs. She highlighted the increasing contribution of the chemical sector in economic development as well as the opportunities for future development. She stated that “India is the 2nd largest exporter of chemical dyes and dyestuff as well as agrochemicals in the world. It also contributes about 3% of global chemical sales”.
India Chem 2024 aims to showcase the huge potential of the Indian chemical industry as well as its different industry segments (including chemicals, petrochemicals, agrochemicals etc.) and to provide a platform for discussions, visionary ideas, and strategic collaborations amongst industry representatives.
Subscribe To Our Newsletter & Stay Updated