The report was released at the 3rd meeting of Chemicals and Petrochemicals Advisory Forum on September 20, 2022 at FICCI Federation House, New Delhi. Various dignitaries present at the event were Hon’ble Minister, Dr. Mansukh Mandaviya, Union Minister for Chemicals and Fertilizers and Health and Family Welfare, Government of India; Shri. Susanta Purohit, Joint Secretary, Minister for Chemicals and Fertilizers; Shri. Bhagwad Khuba, Minister of State, Ministry for Chemicals and Fertilizers and Minister of State, Ministry of New and Renewable Energy, Government of India and other government officials.
The report aims to understand the chemical and petrochemical industry’s landscape, especially at the disaggregated level of the states and union territories. It can act as a guide for the stakeholders to help them identify the strengths and weaknesses of the state-level industry. It is crucial for the investors to have knowledge of the region’s strengths and opportunities in the industry at the state as well as the national level to facilitate efficient investment decision-making. The information provided can be leveraged to utilize the tremendous untapped potential in the industry. It can also serve as a foundation for new evidence-based policymaking or incentives in the future.