Chemical Industry Outlook 2022
The Indian Chemical industry has a huge role to play to make India a US $5 trillion economy by contributing around US $300 billion to the GDP by 2025. The industry is growing with CAGR of 9.3% and is expected to attract investments of Rs 8 lakh crore by 2025. As the sector plays a significant role in enabling the growth of the Indian economy, the country needs to build a competitive landscape for the chemical industry.