Planning to spot wealth creators in chemical space? PI Industries, Atul could give over 20% return each
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India’s chemical and petrochemical industry is charting a path towards becoming a global powerhouse, integral to the nation’s economic vision of a USD32 trillion economy. This ambitious journey hinges on a dynamic chemical sector, with manufacturing output projected to increase by an extraordinary 50 times, reaching USD6 trillion. This growth will be driven by strategic partnerships, investments in sustainable practices, and innovation across the chemical value chain. At a recent industry event, experts underscored the critical role of collaboration to advance India's leadership in sustainable chemical solutions. A notable goal is capturing 17% of the global chemical market by 2030, a vision outlined by the Department of Chemicals and Petrochemicals. As part of this plan, India aims to double its chemical exports over the next decade, focusing on emerging fields like bio-plastics, recycling, and environmental sustainability. These eff...