The India Specialty Chemicals Conclave 2025, held on April 23, 2025, gathered top government officials, industry leaders, and key stakeholders with a clear mission: to accelerate sustainable growth and strengthen India’s position in the global speciality chemicals sector.
A key highlight of the event was the release of the knowledge report, ‘Indian Chemical Industry: Enablers to Make India a Growth Hub for Chemicals’, a collaborative effort by ASSOCHAM and PwC. The report identifies strategic imperatives to enhance India’s position in the global chemical value chain. ASSOCHAM shared these insights in a LinkedIn post.
Focus on Innovation, Excellence, and Global Competitiveness
Deepak Mishra, Joint Secretary of Petrochemicals at the Department of Chemicals and Petrochemicals, Government of India, delivered the keynote address. He emphasized the critical role of sustainability. Additionally, he highlighted the importance of global competitiveness in the industry. He called for robust academia-industry linkages to build a skilled, future-ready workforce that can drive innovation and excellence across the sector.
Andhra Pradesh Emerges as a Growing Hub
C M Saikanth Varma, CEO of the Andhra Pradesh Economic Development Board, emphasized the state’s rapid growth. Andhra Pradesh is becoming a prominent hub for the chemical industry. He invited industry players to tap into the state’s expanding opportunities and foster collaborative investment initiatives.
Key Conversations: Trade, Exports, and Emerging Opportunities
Discussions throughout the day focused on how India can expand exports. They also explored ways to boost domestic production and strengthen integration into global value chains. Industry leaders highlighted emerging sectors like semiconductor materials and EV battery components. They also emphasized the importance of green hydrogen in India’s energy transition strategy.
At the conclusion of the conclave, one message was clear: India is positioning itself as a global leader in specialty chemicals. The country’s growth is driven by innovation, collaboration, and sustainable practices.
