Register Now Register Awards
facebook
twitter
linkedin
youtube

Introduction

With India aiming to expand chemical industry market size to US $2 Trillion by 2047, Indian Chemical News, the most credible digital media platform for Chemicals, Petrochemicals and allied sectors, brings the Fourth Edition of ‘The most sought-after calendar event of the year,’ for the industry: The NextGen Chemicals & Petrochemicals Summit 2024. The theme of this year’s summit is "Transforming India into a Global Manufacturing Hub.” The event is scheduled on July 11-12, 2024 at the Novotel Mumbai International Airport, Mumbai.

A collaborative initiative for the industry, the event will provide an idea exchange platform for policy makers, industry stakeholders, experts, and thought leaders to share insights, success stories and formulas for successes in order to prepare the industry with a mandate and mindset of ‘Yes We Can!’

The NextGen Chemicals & Petrochemicals Summit is an ultimate learning experience of industry’s best practices, unrivalled ideas, motivation, resolve, and so much more.

The Summit will be an industry driven deliberation that will endeavour to bring out the most meaningful and business enabling dialogue and help develop a comprehensive review of the country’s Chemicals & Petrochemicals market. It endeavours to capture the changing trends and analyse Government Support and Regulations, Focus on Specialty Chemicals, Green & Sustainable Chemicals, Quality and Innovation, Digital Transformation, and Supply Chain Management amongst others to establish that India has a massive opportunity to become a global manufacturing hub.

The two-day summit will cover various panel discussions, presentations, reside chat, and an expo to provide a focused and comprehensive scenario of the industry. It will also provide opportunities for the delegates to exchange ideas, network, and establish business or research relations and nd potential partners for future collaboration.

Indian Chemical News also introduces "NextGen Chemicals & Petrochemicals Awards" this year to recognize contributions of all stakeholders in the chemicals, petrochemicals, and energy industry.

Overview

The global Chemicals & Petrochemicals market is projected to grow from US $4.6 trillion in 2021 to US $6 trillion by 2028. According to the Government of India, India stands 6th globally in sales values, its present market size is around US $240 billion and it is expected to reach US $304 billion by 2025. The Indian chemical industry is expected to grow at 9.3%. In the Agrochemicals sector, India is the 4th largest producer and 2nd largest exporter globally. Similarly, in dyes-stuffs, India is the 2nd largest producer and exporter globally. This sector contributes 9.40% of manufacturing GVA and 1.69% of National GVA. The sector employs around 4 million people directly and indirectly

The people's aspirations are growing and the purchasing power has increased. The Indian chemical industry's growth potential is also driven by the increasing demand for chemicals in various sectors such as agriculture, healthcare, and construction. As a result, the demand in the chemical sector is increasing.

If India is growing at 9.3 per cent by 2047, the Indian chemical industry’s market size will be around US $2 trillion. If we consider a conservative growth of 6%, then also the Indian chemical industry will be about US $1 trillion which will be 2-3 percent of the total market size. The Indian chemical and petrochemical industry has to play a key role if India needs to achieve its ambitious US $40 trillion economy goal by 2047.

India's chemical industry is also export-oriented, with a significant portion of its output being exported to various countries worldwide, such as the United States, China, and Japan. However, it is worrisome that Indian Chemical Industry is the net importer due to the non-availability of feedstocks and mining agents. India’s net import of chemicals was almost nil in FY 2003-04. By FY 2013-14, the net import rose to US $8 billion and by 2022, it rose to US $22 billion. The export had increased by 2.1 times whereas the import increased by 2.26 times during the period.

Hence, there is an emergent need for increasing the domestic capacity or else, the net import will keep on increasing. This can be achieved by making India a global chemicals manufacturing hub. In order to achieve this, there is a need for policy support for boosting competitiveness, e ncou r a g i n g i nves tme n t, e n s u ri n g environmental sustainability, supporting SME enterprises, and fostering skill development. Also, the industry consists mainly of small and medium-sized enterprises, which require policy support to obtain access to credit, market information, and technology to operate more eciently and compete globally.

Investment in research and development is critical to the survival and growth of the chemical industry, and policy support can help to create an environment conducive to investment by offering tax benefits, low-interest loans, and other incentives.

Chemical industry is responsible for significant environmental pollution, and policy support can help to ensure that Indian chemical manufacturers operate in an environmentally sustainable manner, which can build trust among consumers and investors.

Key Topics of Discussion

Speakers

Bhavana Bindra
Bhavana Bindra

Managing Director India, Middle East and Africa
The Lubrizol Corporation

Partners

Gold Partner
Academia Partner
Event Tech Partner
MEDIA PARTNER
AN INITIATIVE BY

Conference Agenda*

*Subject to Change

Key Sectors Covered

Basic Chemicals
Organic Chemicals
Inorganic Chemicals
Specialty Chemicals
Agrochemicals
Alkali Chemicals
Clean and Green Chemicals
Hydrogen
Bio-based Energy
EV & Battery
Dyes, Dye Stuffs, Dye Intermediates and Pigments
Polymers
Aromatics
Plastics
Petrochemicals
ESG/HSE
Gas
CCUS

Reasons to Participate

  • A well curated agenda focusing on opportunities, challenges and global trends

  • A platform providing great networking opportunities with industry experts and solution providers

  • Branding Opportunities throughout the platform

  • Gain insights from who’s who of chemical and petrochemical 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 under one roof

Who Should Attend

  • Policy Makers/Decision Makers

  • CMDs/CEOs/MDs

  • Academia

  • IT & Technology Managers

  • Plant Managers & Operators

  • Automation Head/Manager

  • Sales & Marketing Head

  • EPC solution providers

  • Quality Heads & Professionals

  • Production Head

  • Think Tank

  • Financial Institutions

  • Industry Associations

  • Senior Executives

  • Experts/Consultants

FAQ's

CONFERENCE SPEAKERS

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.

EVENT & AUDIENCE PROMOTION

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 NextGen Chemicals & Petrochemicals Summit 2024. The upcoming summit will be driven by a unique audience prequalification process and shall be promoted extensively both via oine and digital outreach platforms.

Organized By

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,uthoritative, 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 information portal for the Chemicals, Petrochemicals, and Energy industries. The online news portal has been actively covering the Chemicals and Petrochemicals sector since 2008.
For more information, please visit www.indianchemicalnews.com

Past Partners

Contact Us

Content Submission:

PRAVIN PRASHANT

Executive Editor

pravin@indianchemicalnews.com

+91-9899004608

Branding & Sponsorships:

YOGESH JOSHI

Head - Business Development

yogesh@indianchemicalnews.com

+91-9811431951

DEBABRATA RAY

General Manager - Partnerships

debabrata@indianchemicalnews.com

+91-9899650692

Delegate Registrations:

MUSKAN CHAWLA

Marketing Executive

muskan@indianchemicalnews.com

+91-9711820726

Contact Us

PRAVIN PRASHANT

Executive Editor

pravin@indianchemicalnews.com

+91-9899004608

YOGESH JOSHI

Head - Business Development

yogesh@indianchemicalnews.com

+91-9811431951

DEBABRATA RAY

General Manager - Partnerships

debabrata@indianchemicalnews.com

+91-9899650692

MUSKAN CHAWLA

Marketing Executive

muskan@indianchemicalnews.com

+91-9711820726