Indian Chemical Council, the national body for chemical companies, has signed a memorandum of understanding (MoU) with Intel India during a recent logistics event conducted by the Council. The MoU will help improve the safety and operational efficiency of chemical transport fleets and help leverage best-in-class safety technology like the Advanced Driver Assistance System.

The MoU will act as a technology and digital transformation enabler and for working closely with the industry to identify the digital future needs of the chemical industry and its fleet operations, the Council said in a media release.

Indian transportation policies and regulations are still evolving. It is the responsibility of the chemical industry to take up the accountability in developing standards, processes and practices and identify responsible stakeholders to operate it sustainably. Establishing formidable policies will help in safeguarding and operating in long run, said Ravi Goenka, president of the Indian Chemical Council, and chairman and managing director of Laxmi Organic Industries.

The chemical industry is one of the fastest growing industries for decades now and more than 80,000 chemical products of both hazardous and non-hazardous are being transported over the length and breadth of the country. India's over $200 billion chemical industry is experiencing unprecedented growth on the back of the consumption economy, niche products, rapid import substitution, and a global geostrategic demand shift from China.

Nicer Globe is the sustainability initiative of the Indian Chemical Council, for enabling chemical Industry with Globally acclaimed standards, infrastructure and services for safe and secure transportation. Nicer Globe is presently offering technology-based solutions to the chemical logistics through tracking and tracing, journey risk management and onsite emergency response to its members.

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