India aims to achieve a 12 per cent share in global chemical value chains by 2040, up from 3.5 per cent in 2023, according to NITI Aayog.
Its report outlined targeted reforms to address infrastructure gaps, low R&D, and skill shortages.
With strategic interventions, India envisions a $1 trillion chemical sector by 2040, reduced trade deficit, and 7 lakh new skilled jobs by 2030.
