Learn bits
Economy
Mahesh

29/06/22 06:23 AM IST

12th Edition of India Chem-2022

In News 
  • Union Minister for Chemical & Fertilizers, Dr. Mansukh Mandaviya chaired the meeting for planning upcoming 12th Edition of India Chem-2022.
  • Theme of this year’s edition is “Vision 2030-Chem and Petrochemicals Build India.”
India Chem-2022
  • Being one of the largest composite events of the chemical and petrochemical sector in the Asia-Pacific Region, the flagship event of 12th edition of India Chem-2022 will be  organized by the Department of Chemicals and Petrochemicals, in association with FICCI from October 6-8, 2022.
  • The event will showcase tremendous potential & supportive Government policy for sustainable growth in the sector.
  • It will also provide a platform for domestic & international investors and other stakeholders to interact and forge alliances.
  • The India Chem exhibition aims to showcase the huge potential of the Indian Chemical industry and different industry segments (e.g. Chemicals, Petrochemical, Agrochemical Industry, Process and machinery) has in terms of a favorable ecosystem provided through supportive government policy, major investment opportunities for investors.
Significance 
  • Market Size of the Indian Chemicals and Petrochemicals sector is currently USD 178 Billion.
  • This sector supports the PM's initiative of Make in India and Make for the World.
  • Chemicals and Petrochemicals sector can transform India into a global manufacturing hub.
  • India is not only the 6th largest chemicals producer in the World but also exports Chemicals to more than 175 countries.
  • It accounts for 13% of India’s total exports.
Source- PIB 

More Related Current Affairs View All

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

05 Mar

Arresting women at night

'The Madurai Bench of the Madras High Court in Deepa versus S. Vijayalakshmi and Others ruled that the legal provision in the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, which

Read More

05 Mar

Digital Personal Data Protection Act, 2023

'The Ministry of Electronics and Information Technology (MeitY) looking to wrap up public consultations on the draft Rules for the Digital Personal Data Protection Act, 2023 by Mar

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps