Chemical & Petrochemicals

India's chemical industry is one of the world's most diversified, comprising more than 80,000 commercial products. Valued at approximately US$300 billion, the sector contributes nearly 7% to the Indian economy and plays a pivotal role in the country's industrial development. India's strategic proximity to the Middle East—one of the world's largest sources of petrochemical feedstock—further strengthens its position in the global chemical and petrochemical value chain, creating significant opportunities for industrial expansion, export promotion, and global trade

The ASSOCHAM National Council on Chemical & Petrochemicals serves as an Industry Policy Forum, bringing together industry leaders, policymakers, regulators, and other stakeholders to promote regulatory reforms, public policy advocacy, sustainable development, green growth, and business competitiveness across the sector. The Council works closely with the Central and State Governments to address industry challenges, support policy initiatives, and accelerate the sustainable growth of India's chemical and petrochemical industry.