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Following a NITI Aayog report on making India a powerhouse in the global chemical market, the Akhil Rajya Trade and Industry Association (ARTIA) has urged the Rajasthan government to establish a world-class chemical hub in the state.
Kailash Sharma, senior vice president of ARTIA, claimed that the chemical products business in India is currently around $270-300 billion, and is estimated to reach $450 billion in 2030 and $1,000 billion by 2040. Keeping this in mind, five chemical hubs are currently being established in India — Visakhapatnam (Andhra Pradesh), Dahej (Gujarat), Paradip (Odisha) and two places in Tamil Nadu.
“We feel
