Specialty Chemicals Offers Huge Growth Potential For Local Manufacturers Says Ministry of Chemicals and Fertilizers
During his speech, Sadananda Gowda also appreciated that Department and FICCI has organised the event. He added that the growth in the chemical and petrochemicals industry is also contributing to the Prime Minister's vision of Atmanirbhar Bharat. He informed that Government has launched 12 PLI scheme for different sectors which will directly or indirectly benefit the chemicals sector. He also stated that the Government is prioritising the sector and in the Budget 2021-21, the import duty on Naphtha has been reduced from 4.0% to 2.5%.
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