Key government policies impacting chemical manufacturing

Why Government Policies Matter in Chemical Manufacturing

– Government policies influence growth, innovation, and global competitiveness in the chemical sector.
– Supportive initiatives boost production, exports, and sustainability efforts.

Production Linked Incentive 
(PLI) Scheme

– Encourages domestic manufacturing of specialty and bulk chemicals.
– Provides financial benefits for producing high-value chemicals used in electronics, EVs, and pharma.

National Chemical Policy (Upcoming)

– Aims to enhance the competitiveness of Indian chemical manufacturers.
– Focus on sustainability, innovation, and export growth.

Environmental Regulations 
and Compliance

– Strict guidelines on emissions, waste management, and eco-friendly production methods.
– Push for adopting green chemistry practices and renewable energy in manufacturing.

Import Duty Reductions

– Reduced duties on raw materials like feedstock and intermediates lower production costs.
– Enhances export potential and profitability for Indian manufacturers.