Chem Connect 2023
India's chemicals logistics industry is witnessing phenomenal growth due to rising domestic consumption, increased exports, and the country's favorable geography for freight transportation. India is the third-largest producer of chemicals in Asia and sixth largest in the world, contributing around 3% of India's GDP. The market size of the Indian chemicals industry is expected to grow from US$ 220 billion in 2022 to US$ 800 billion -1 trillion by 2040, reflecting a massive growth opportunity.