October 24, 2026 5:39 PM
Chemicals and Petrochemicals Sector Must Reach $1 Trillion by 2040: JP Nadda
India's chemicals and petrochemicals sector needs to expand from its current market size of around $220 billion to $1 trillion by 2040 and approximately $1.6 trillion by 2047, Union Minister JP Nadda said on Saturday. Addressing the three-day India Chem-2026 event in Mumbai, Nadda described the chemicals and petrochemicals industry as a sunrise sector with significant potential to drive economic growth and contribute to India's vision of Viksit Bharat by 2047. He said the sector would play an ...


