Speaking at the conference, Mr. Vijay Sankar, President, Indian Chemical Council, said “The Indian chemical industry has witnessed robust growth in the past decade and the potential for future growth is significant. In coming years, India is expected to rise as both, a manufacturing capital for valued goods as well as a consumer-driven economy from a broader perspective. Growth in consumer base, changes in lifestyle, increase in disposable income and focus on healthcare and hygiene etc. has spurred a higher demand for the sector. Also, factors like boost in specialty chemicals and pharmaceuticals segment, low per capita consumption including agrochemicals, likely growth in demand from paints, textiles and diversified manufacturing base are set to scale up the potential of Indian Chemical Industry.”
“At ICC, we always believe in promoting and supporting all branches of the sector through a variety of events, awards, policy advice, and other activities. With ICC Awards 2018, we provide a platform for leading chemical companies to come together to showcase their achievements on various fronts including technology development, environment and safety,” adds Mr. Sankar.