Govt to make intervention to address challenges faced by chemical industry, boost growth: Min

Union Chemicals and Fertilizers Minister Jagat Prakash Nadda announced government interventions to support the chemicals and petrochemicals industry's growth, aligning with India's goal of becoming a USD 5 trillion economy. Speaking at the launch of the 13th India Chem event, Nadda assured necessary policy adjustments and encouraged the industry to reduce imports, enhance R&D, and improve skills. The event, themed "Advantage Bharat: Indian Chemicals and Petrochemicals Paving the Future," is set for October in Mumbai. Anupriya Patel highlighted the sector's crucial role in economic development and called for investment-friendly reforms.