Specialty Chemicals for Economic Growth & Job Creation

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India’s chemical sector aims to reach a $1 trillion valuation by 2040, anchored by a specialty chemicals segment that accounts for 20% of the domestic market. Driven by cost-effectiveness, a skilled workforce, and demand from the semiconductor and pharmaceutical industries, India has become a global hub for high-purity chemicals and agrochemicals. This momentum is accelerated by "Make in India" initiatives, PLI schemes, and strategic FTAs that have expanded export reach across North America and Europe.
Despite existing challenges, the industry is pivoting toward sustainability and technology upgrades to secure its role as a leading global supplier. To navigate these opportunities, ASSOCHAM is organizing the India Speciality Chemicals Conclave: “Speciality Chemicals for Economic Growth & Job Creation” on 21st May 2026 in New Delhi. The event will gather stakeholders to discuss capacity expansion and the sector's vital contribution to India’s long-term economic prosperity and manufacturing excellence.