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India's Chemical Industry Set for Strong Growth, Global Market Expansion Amid Investment Push

The chemical and petrochemical industry supplies essential inputs to several key sectors, including pharmaceuticals, textiles, construction, automobiles, electronics and consumer goods

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New Delhi, Nov 7 (IANS) India's chemical and petrochemical industry, currently estimated at around $220 billion, could reach $300 billion by 2030 and $1 trillion by 2040. According to a factsheet released by the government on Saturday, India is steadily strengthening its position in the global chemical industry, and the sector is becoming a key pillar of the country's industrial and manufacturing growth. The factsheet states that India is curren…

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Social News XYZ broke the news on Saturday, November 7, 2026.
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