ENA Sectors 2025-01-24 18:25:44 <p><span style="font-size:14px"><strong>New Delhi, Jan 24 (KNN)</strong> India's chemical sector is on the cusp of a transformative leap, with industry leaders and government officials urging collaborative efforts to position the nation as a global manufacturing hub.</span></p> <p><span style="font-size:14px">At the Chemical Summit organised by the Confederation of Indian Industry (CII) in Mumbai, Gujarat's Minister of State for Environment, Mukeshbhai Zinabhai Patel, emphasised the pivotal role of the chemical sector in India's journey to becoming a developed nation by 2047.</span></p> <p><span style="font-size:14px">The chemical industry must lead the charge in showcasing India as a global manufacturing powerhouse, Patel stated. He highlighted the importance of engaging the youth in driving this growth while dispelling the notion that investments in the chemical sector inherently exacerbate pollution.</span></p> <p><span style="font-size:14px">Patel also underscored Gujarats proactive measures to address environmental concerns, including the governments Deep Sea Project, which tackles industrial waste management.</span></p> <p><span style="font-size:14px"> This initiative is expected to spur new investments and expansions in Gujarats chemical clusters, he added. Patel called for a strategic industry-government partnership to achieve net-zero emissions, a goal critical to Indias sustainable development ambitions.</span></p> <p><span style="font-size:14px">Leaders from the industry echoed this vision. Venkatadri Ranganathan, Chief Commercial Officer of Tata Chemicals, pointed to the sectors commitment to environmental, social, and governance (ESG) standards as a driving force behind sustainable innovation.</span></p> <p><span style="font-size:14px"> Digitisation will enhance India's leadership in specialty chemicals and green technologies, especially in the Western region, cementing its status as an industrial hub, Ranganathan said.</span></p> <p><span style="font-size:14px">Vikram Handa, Managing Director of Epsilon Carbon, highlighted India's technical expertise and skilled workforce as key enablers for scaling up battery materials production.</span></p> <p><span style="font-size:14px">The chemical sector holds the key to unlocking the potential of battery materials manufacturing, which is essential for the global energy transition, he remarked.</span></p> <p><span style="font-size:14px">As the chemical industry embraces sustainability and innovation, it stands poised to propel India onto the global stage as a leading manufacturing hub, balancing economic growth with ecological responsibility.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 40781 https://knnindia.co.in/news/newsdetails/sectors/india-poised-to-become-global-chemical-manufacturing-hub 2025-01-24 18:25:44 knnindia.co.in