India aims to transform its chemical sector into a US$ 1 trillion global powerhouse by 2040, up from US$ 220 billion in 2023. A NITI Aayog report outlines sweeping reforms—ranging from fiscal incentives and infrastructure upgrades to skill development and R&D investments—to boost self-reliance, reduce the US$ 31 billion trade...
The global chemical industry expects a slow and steady recovery in demand driven by volume growth, while pricing remains weak, reveals a recent report by B&K Research. While inventory destocking ended in most sectors by 2024, agrochemicals still face some challenges. India’s chemical sector may benefit, but overall growth is...
Nano urea, a product of nanotechnology, is revolutionizing agriculture by providing an innovative nitrogen source to plants. Positioned as an environmentally friendly solution, nano urea fertilisers align with smart chemical practices, contributing to efforts in mitigating climate change. This revolutionary product has another critical implication for India when it comes...
Indian chemical exports to RCEP member countries have been witnessing strong growth over the past few years. But preferential access to RCEP members could put Indian chemical companies at a disadvantage. IBT takes a closer look at the possible repercussions of the deal in the case of China, which happens...
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