India pushes chemical manufacturing with 1 trillion dollar target by 2040

India’s chemicals and petrochemicals sector is emerging as an important pillar of the country’s manufacturing and industrial growth, with increasing investments, expanding production capacity and new infrastructure initiatives aimed at strengthening domestic manufacturing. Valued at approximately 220 billion dollar, the sector is projected to reach 300 billion dollar by 2030 and 1 trillion dollar by 2040. India is currently the world’s sixth-largest producer of chemicals and the fourth-largest i

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