The 14th edition of India Chem 2026, a biennial event of the Ministry of Chemicals & Fertilizers (MoC&F), has been held in Mumbai under the theme “Advantage Bharat: An Emerging Global Chemicals Hub”.
The event is organised by the Department of Chemicals and Petrochemicals (DCPC) in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI). Union Minister JP Nadda has inaugurated the event and highlighted the Bharat Audyogik Vikas Yojana (BHAVYA) Rasayan Scheme as a major initiative to boost the chemical sector of India.
During the inaugural session, a knowledge paper prepared jointly by FICCI and Ernst & Young was released. It is to be noted that the government has set targets for the chemical industry of India to reach $300 billion by 2030, $1 trillion by 2040, and $1.6 trillion by 2047.