Background
Overview
This sector is critical for India's industrial growth, 'Make in India' initiative, employment generation, and agricultural productivity. It also involves significant environmental governance challenges (hazardous chemicals, waste management) and strategic policy interventions.
The Chemicals and Petrochemicals Sector is a vital component of the Indian economy, providing essential inputs for various industries including agriculture, textiles, pharmaceuticals, and infrastructure. Its growth is crucial for industrial development, employment generation, and achieving self-reliance.