The conventional paper-based laboratories are often error-prone, making knowledge transfer even more difficult. However, with the rise of technology and remote work, managing a digital laboratory offers many benefits. The inefficient paper-based processes for recording, managing and executing recipes, processes and methods are being replaced by digital ones. Company data is stored reliably and consistently in a single centralized system, minimizing the risk of human error.

By 2050, nearly 80% of India's hydrogen is projected to be green, produced by renewable electricity and electrolysis. Green Hydrogen may become the most competitive route for Hydrogen production by around 2030 and this may be driven by potential cost declines in key production technologies and in clean energy technologies such as solar PV and wind turbines.

The global Paints & Coatings market is valued at US $174.3 billion in 2021. The waterborne segment led the market and accounted for more than 39% in 2021. The demand for Paints & Coatings is rising in the automotive industry due to increased overall vehicle demand and replacement of aging vehicles. The increasing spending in the construction sector and consumer preference for eco-friendly products are expected to support the growth of the Paints & Coatings market globally.

The Indian chemical industry is projected to grow from US $ 178 billion in 2019 to US $ 304 billion by 2025, growing at approx. 9% p.a. during this period. The chemical and petrochemical industry is anticipated to attract new investments in excess of US$ 100 billion. This is all set to transform the Indian chemical industry landscape and make the country self-reliant in this critical area that covers more than 80,000 commercial products.