India eyes global lead at Speciality Chemicals Conclave 2025

The India Speciality Chemicals Conclave 2025, held on April 23, 2025, brought together government officials, industry leaders, and stakeholders to drive sustainable growth and elevate India’s role in the global speciality chemicals sector.

A major highlight of the conclave was the release of the knowledge report ‘Indian Chemical Industry: Enablers to Make India a Growth Hub for Chemicals’, developed jointly by ASSOCHAM and PwC. The report outlines key strategic imperatives aimed at accelerating India’s growth in the global chemical value chain.

The day featured high-level discussions on institutionalising research and innovation, enhancing business excellence in the speciality chemicals sector, and navigating international trade in a geoeconomically fragmented environment, ASSOCHAM said in a LinkedIn post.

Deepak Mishra, joint secretary, Petrochemicals, Department of Chemicals & Petrochemicals, Government of India, delivered the keynote address. He highlighted the importance of sustainability, global competitiveness, and stronger academia-industry linkages to build a skilled and future-ready workforce.

C M Saikanth Varma, IAS, CEO of the Andhra Pradesh Economic Development Board, showcased Andhra Pradesh’s emergence as a growing hub for the chemical industry. He encouraged stakeholders to explore collaborative investment opportunities in the state.

Conversations throughout the event centred on expanding exports, increasing domestic production, and deepening value chain integration. Industry leaders also underscored opportunities in semiconductor and EV battery materials, along with the role of green hydrogen as a cornerstone in India’s energy transition.

Fibre2Fashion News Desk (HU)