NITI Aayog Proposes Incentives for Chemical Industry

To boost chemical exports, NITI Aayog proposes incentives and upgrades to port infra, clusters

The measures outlined in a report released on Thursday include developing new and existing production clusters to enable scale, improving port infrastructure for better logistics and storage, and introducing a sales-linked incentive scheme to localise production and boost exports of critical chemicals.

NITI Aayog proposes incentives for chemical industry

Drawing lessons from China’s rapid industrial ascent, the report highlights the urgency of building local manufacturing scale and vertical integration.

NITI Aayog releases report on chemical industry, outlines pathway for positioning India as a key player - The Tribune

NITI Aayog on Thursday released its report 'Chemical Industry: Powering India's Participation in Global Value Chains'. The report offers an extensive analysis of India's chemical sector, highlighting both opportunities and challenges, and outlining a pathway for positioning India as a key player in global chemical markets.

Manufacturing: India’s chemical sector faces challenges

NITI Aayog proposes developing existing port infrastructure India’s chemical sector faces several structural challenges that constrain its global competitiveness, especially the heavy reliance on imported feedstock, which contributed to a US$31 billion trade deficit in 2023, stemming from limited domestic backward integration, says NITI Aayog in a report released on 3 July https://www.commerce.gov.in/. “Infrastructure gaps, […] Source

NITI Aayog proposes incentives to boost chemical exports, - India Seatrade News

NITI Aayog, the government’s apex public policy think tank, has proposed a series of measures to nearly double India’s $44 billion in annual chemical exports by 2030, noting that limited domestic demand remains a key barrier to faster growth in the sector. The measures outlined in a report released on Thursday include developing new and existing production clusters to enable scale, improving port infrastructure for better logistics and storage, …

NITI Aayog releases report analysing chemical sector

NITI Aayog released its report offering an extensive analysis of India's chemical sector, highlighting both opportunities and challenges, and outlining a pathway for positioning India as a key player in global chemical markets.