Prospects of Chemicals and Petrochemicals Sector in India, 2026 – 29 – DART Consulting Forecasts 4% Growth
India’s chemical and petrochemical industry remain a core pillar of the economy, contributing about 7% to GDP and ranking 6th globally and 3rd in Asia by chemical output. Domestic demand is projected to nearly triple and approach about US$1 trillion by 2040, underscoring sustained multi decade growth potential for the sector. Post pandemic expansion has continued, with cumulative FDI inflows into chemicals (ex fertilizers) reaching roughly US$23.4 billion between April 2000 and June 2025. Exports Read more [...]