Nadda inaugurates ‘India Chem 2026’ in Mumbai

Union Minister for Chemicals and Fertilizers, as well as Health and Family Welfare, J. P. Nadda, inaugurated the 14th edition of ‘India Chem 2026’ in Mumbai. The three-day international exhibition and conference brings together industry leaders, policymakers, investors, researchers, and international participants on a single platform.

Addressing industry leaders and policymakers, Nadda stated that the government is providing a conducive environment for the chemical sector. He termed the ‘Grand Chemical Scheme’ as a game changer for the sector. Under this scheme, focus will be placed on developing globally competitive chemical production hubs through connectivity with ports, railways, airports, and roads, as well as integrated value chains.

Nadda said that the chemical and petrochemical sector will play an indispensable role in achieving the goal of a developed India by 2047. In Prime Minister Narendra Modi's message, it was noted that improvements in ease of doing business and the expanding network of free trade agreements are creating new investment opportunities and access to international markets. The Prime Minister expressed hope that the discussions at the event would encourage partnerships that contribute to the long-term growth of the sector.

Minister of State for Health and Family Welfare and Chemicals and Fertilizers, Anupriya Patel, stated that the chemical and petrochemical industry is vital in meeting basic needs and improving quality of life. She urged industry leaders to take advantage of the government's incentives and opportunities. She also mentioned that the role of state governments is crucial in the implementation of the ‘Bharat Industrial Development Scheme’ launched for three new dedicated chemical parks.

Chief Ministers of Maharashtra Devendra Fadnavis, Madhya Pradesh Mohan Yadav, and Odisha Mohan Charan Majhi called upon the industry to utilize investment opportunities in their respective states. Fadnavis said that the chemical industry provides employment to approximately 3 lakh people in Maharashtra. Maharashtra is preparing investment-friendly policies based on being future-ready and focused on ease of doing business. The Chief Ministers of Madhya Pradesh and Odisha also extended invitations to leverage their investment policies and infrastructural facilities.

Held under the theme ‘Advantage India: An Emerging Global Chemicals Hub’, Japan is a partner country. Maharashtra, Gujarat, Odisha, Madhya Pradesh, Bihar, Andhra Pradesh, and Uttar Pradesh are partner states. More than 200 Indian and international exhibitors, over 8,000 business visitors, and 50 leading Indian and international CEOs are participating. The Indian chemical industry is estimated to reach $300 billion by 2030 and $1 trillion by 2040. In this 14th edition, the ‘India Chem Youth Innovation Challenge’ has also been launched for young researchers, students, and emerging entrepreneurs.