India Chem-2022- Relevance for UPSC Exam
India Chem-2022: India Chem-2022 is an event organized by the government to promote petrochemical industry of India. India Chem-2022 exhibition aims to promote make in India and ensure self-reliance of the industry in India. India Chem-2022 will come under UPSC Mains GS Paper 2 (Governance, Administration and Challenges- Government policies and interventions for development in various sectors and issues arising out of their design and implementation).
India Chem-2022 in News
- Recently, Union Minister for Chemical & Fertilizers, Dr. Mansukh Mandaviya chaired the meeting for planning upcoming 12th Edition of India Chem-2022.
India Chem-2022
- About: India Chem is one of the largest composite events of the industry in the AsiaPacific region and comprises of an International Conference and Exhibition.
- Mandate: The India Chem exhibition aims to showcase the huge potential of the Indian Chemical industry and different industry segments has in terms of a favorable ecosystem provided through supportive government policy, major investment opportunities for investors.
- Theme: India Chem-2022 exhibition is being organized with the theme- “Vision 2030-Chem and Petrochemicals Build India.”
- Participation: Exhibitors at the event will come from the bulk, fine and speciality chemical industries, and include Indian as well as international companies.
- Co-located events will showcase capabilities in plant & equipment and chemical logistics.
- Organized Ministry: 12th India Chem-2022 exhibition will be organized by the Department of Chemicals and Petrochemicals, in association with FICCI.
- Significance: This sector supports the PM’s initiative of Make in India and Make for the World.
- India Chem-2022 exhibition will provide an opportunity to identify investors and opportunities.
- It will showcase India as a favorable destination for investors and stakeholders in the chemicals sector”.
- It will also provide a platform for domestic & international investors and other stakeholders to interact and forge alliances to further goal of make in India initiative.
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इंडिया केम-2022
Indian Chemicals and Petrochemicals Industry
- Indian Chemicals and Petrochemicals Industry Examples: Examples from the Industry are Chemicals, Petrochemical, Agrochemical Industry, Process and machinery.
- Market Size and Potential: Market Size of the Indian Chemicals and Petrochemicals sector is currently USD 178 Billion.
- Chemicals and Petrochemicals sector can transform India into a global manufacturing hub.
- Potential: India is not only the 6th largest chemicals producer in the World but also exports Chemicals to more than 175 countries.
- Exports: Indian Chemicals and Petrochemicals Sector accounts for 13% of India’s total exports.
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