Indian Chemical News, India's No. 1 online news media covering chemicals, petrochemicals, and energy sectors, is organizing a two-day conference titled “NextGen Chemicals & Petrochemicals Summit 2025” on June 18-19, 2025 at The Leela, Mumbai.  The theme of Summit is "Preparing for Future Growth".   

The NextGen Chemicals & Petrochemicals Summit 2025 is hosting a session on Petrochemicals: A Mega Opportunity for India on June 19 at The Leela, Mumbai. 

Please register as a delegate for NextGen Chemicals & Petrochemicals Summit 2025 by clicking on the link 

(https://www.indianchemicalnews.com/nextgen-chemical-and-petrochemical-summit-2025/register.php)  

India’s petrochemical sector is a significant growth opportunity, driven by surging demand, substantial investments, and supportive policies. India’s per capita petrochemical consumption is ~12 kg, one-third of the global average, indicating vast untapped potential as the population grows and the middle class expands. Demand for petrochemicals is projected to nearly triple by 2040, driven by sectors like packaging, automotive, construction, and consumer goods. India is expected to remain a bright spot for petrochemical demand in 2025, outpacing global growth. 

The sector is projected to attract $87–142 billion in investments over the next decade to meet rising demand and expand capacity. Petrochemical production capacity is projected to grow from 47.82 million tons in FY 2023 to 59.71 million tons by FY 2028, with a CAGR of around 4.5%. By 2027–28, the industry aims to reach 35 million tons in output, supported by new crackers and refining complexes. India requires around 10 new crackers in the next 15 years to meet demand, necessitating significant capital and coordination. 

However, overcoming challenges like global competition, infrastructure gaps, and sustainability pressures will be critical to realizing this opportunity. 

Key discussion points during the session are: Rising domestic demand; Import dependency; Massive investment potential; Market growth projections; Government support and Make in India; Sustainability and innovation; Global overcapacity; and Infrastructure needs. 

Subikash Jena, Director, Payal Group; Saugata Chaudhuri, Head – Petrochemicals, Hindustan Petroleum Corporation Ltd.; Nilesh Kandalkar, General Manager - Petchem Process, Bharat Petroleum Corporation Ltd.; Debashish Nandi, Sr. General Manager & Head - Acetone Marketing, Haldia Petrochemicals Ltd.; and Gaurang Mishra, Joint Director, Centre for High Technology, Ministry of Petroleum & Natural Gas. The moderator of the session is Mr. Sudeep Maheshwari, Partner, Kearney. 

The NextGen Summit is supported by Flanders Investment & Trade as Country Partner; APEDB as State Partner; DCM Shriram Chemicals as Principal Partner; Revvity Signals, Ingenero, Tubacex Group, BTG (a Voith company), Gujarat Fluorochemicals, Excel Industries, Epsilon Carbon, Aquapharm, and Woodfield as Gold Partners; Zodiac Tank Container Terminals, Regreen Excel, and Analytik Jena as Associate Partners; and Archroma as Supporting Partner.