CHENNAI – 8 Nov, 2026 India’s chemicals and petrochemicals industry is
expanding its manufacturing base, investment potential and international
engagement.
Dedicated
industrial parks and integrated infrastructure aim to improve
production
capacity and attract investment. Research funding, specialised
institutions and skill development are building
expertise for advanced
applications.
Quality standards and workplace safety measures reinforce
responsible
industrial
practices.
Together, these efforts position the sector to pursue greater value addition,
technological
capability and a stronger role in global chemical markets.
An Industry of Strategic
Importance
India’s chemicals and
petrochemicals industry is an important pillar of manufacturing, agriculture and industrial
development. Its products serve diverse sectors, including
pharmaceuticals, textiles,
construction,
automobiles,
electronics and consumer goods. India is the sixth-largest producer of chemicals in the world and the fourth-largest in Asia. The sector is currently valued at around USD 220 billion. It is projected to reach USD 300 billion by 2030 and USD 1 trillion by 2040.