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Maharashtra: Fueling India’s Trillion-Dollar Chemical Vision

09 Sep 2026

The knowledge report Maharashtra: Fueling India’s Trillion-Dollar Chemical Vision, prepared by ASSOCHAM in collaboration with EY, explores the strategic opportunities and challenges shaping Maharashtra’s chemicals and petrochemicals industry. It examines the sector’s role in strengthening India’s manufacturing competitiveness, industrial growth and export potential, while outlining priorities for developing a globally competitive and future-ready ecosystem.

The report highlights Maharashtra’s strengths, including its diversified industrial base, dedicated chemical zones, port and logistics infrastructure, skilled talent pool and research capabilities. It also examines emerging demand for value-added chemicals and advanced materials across sectors such as electric mobility, renewable energy, pharmaceuticals, electronics, defence and technical textiles.

Key priorities include developing integrated chemical clusters, strengthening infrastructure readiness, enhancing industry-academia collaboration, improving export competitiveness, and reinforcing supply-chain resilience. The report also underscores the importance of a supportive chemical policy framework to attract domestic and global investments and enable Maharashtra to integrate with emerging global supply chains. By bringing together industry insights and strategic recommendations, the report aims to support informed policymaking, encourage investment and foster collaboration among government, industry and other stakeholders to advance sustainable industrial growth.

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