Saturday, 14 June 2025
Mansukh Mandaviya, Minister of State (IC) for Shipping & Minister of State for Chemicals and Fertilizers, Govt of India recently in a webinar said that the government is in the process to launch a self-certification scheme for the Indian chemicals industry, which will not only benefit the industry but also make India globally competitive in ease of doing business.
Addressing a webinar ‘Post-COVID-19: The Future and Dynamics of agrochemicals Industry’, organized by FICCI, jointly with HIL, Mandaviya said that the chemicals and agrochemicals industry is growing rapidly, and India will soon become the priority for foreign companies. “In the future, the world will trade with India and this is an opportunity for the chemicals sectors. Global companies are today investing in India,” he added.
Mandaviya said that India has created a lot of opportunities in every sector including textiles, ceramics, brass, and agrochemical sectors during the pandemic. “Next 10 years are golden years for India and the world will prefer to come to India,” he noted.
Mandaviya further said that under the Make in India program, many global companies are looking for opportunities in India. He added, “We are also working to launch the Production Linked Incentive (PLI) scheme in the chemicals sectors as we have done in the pharma sector.”
He said that the government will support the industry to become globally competitive along with skill development and bringing new reforms. Our vision is to ensure that both the industry and the economy grow in the future. We must move forward, and we will not take any step that will not benefit the industry, he assured.
