Indian speciality chemical industry is currently valued at $32 billion and is expected to reach $65 billion by FY25. This segment constitutes about 18% of the total chemical industry in India. The industry's growth is mainly driven by consumption growth and export opportunity.

In the competitive environment of Generics Pharma & Specialty Chemicals, companies are faced with challenges to be more productive and operate more globally.

Chemical companies continuously strive to optimize process performance and improve overall equipment effectiveness. Some are already using big data and are embracing the concepts of Industry 4.0. But what makes these companies outperform their competition?

While the number of women in senior executive positions has risen over the years, chemical companies continue to lag on the adequate representation of women in operational and management roles.

With world is seriously following the United Nations’ Sustainable Development Goals, Green is rapidly becoming the new kid on the hydrogen block. Green hydrogen is a next generation fuel.

Join a panel of industry experts as they discuss their experiences in navigating this volatile and uncertain environment—and what are the keys to adapting and winning in the new normal.

The global petrochemicals industry has been witnessing a gradual shift. The changing market dynamics in the upstream oil and gas sector are changing the way base chemicals capacities are added and utilized. The choice of feedstock, demand patterns, government directives and capital efficiency paradigms are influencing how regional base chemicals capacity additions are happening and which feedstocks remain or become the most preferred.

Indian Pharmaceutical sector has witnessed phenomenal transformation over the last decade. India’s domestic pharmaceutical market turnover reached US $20.03 billion in 2019, up 9.8% year on year from US $18.12 billion in 2018.

The Indian chemical industry has a huge role to play to make India a $5 trillion economy by contributing around $300 billion to the GDP by 2025. India's chemical industry outlook 2021 focuses on six pillars - Creating R&D ecosystem, Setting up one stop investment destination, Providing alternative chemicals destination, Rolling out PLI scheme, Sustainable chemistry & circular economy and Energizing PCPIR.

The agrochemical sector in India has the potential to be a growth engine for the Indian chemical industry. The sector has the potential to contribute to making India ‘Aatma Nirbhar’ in the global chemical market. But, the industry is yet to realise its potential due to numerous challenges that needs to be addressed in a time bound manner.