Fuels for the Future: Charting India’s USD 1 Trillion Chemical Vision

The Department of Chemicals and Petrochemicals (DCPC) and Invest India hosted a high-level CEO Roundtable to chart a roadmap for India's USD 1 trillion chemicals sector by 2040.

Bringing together over 100 delegates and leaders from more than 30 major global and domestic enterprises—including BASF, ExxonMobil, and Fujifilm—the discussions centered on key strategic growth drivers. Industry stakeholders emphasized the necessity for large-scale investments, tailored financing mechanisms, and the transformation of existing Petroleum, Chemicals, and Petrochemicals Investment Regions (PCPIRs) into world-class manufacturing hubs. Additionally, participants advocated for a National Feedstock Policy to safeguard the industry against global supply-chain vulnerabilities and geopolitical shifts.

News by Rahul Yelligetti.