The Tata Strategic Management Group presented a report on Indian chemicals industry at the 5th edition of ‘India Chem Gujarat 2017.
Titled “India Chem Gujarat 2017” was released by Ananth Kumar and Vijay Rupani.
The report is a source of knowledge and information on the current scenario of the chemical industry highlighting the importance of chemicals in everyday life by taking the reader through the key sub-segments such as petrochemicals, agrochemicals, speciality chemicals and fertilizers.
The report also highlighted the critical issues the chemical industry is facing today like, availability of key feedstock, infrastructure status, scale of operations, access to technology, energy security and ease of doing business. These issues have hindered industry growth and it needs Government interventions to achieve its true potential. Adoptions of alternate feedstock, increasing investment in R&D and achieving scale through collaboration are some of the key levers industry can act upon to overcome these challenges.
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