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Indian Chemical Industry to grow at 15%; Geared up for developing innovative, green and safe solutions
Nov 26, 2014

No branch of science had advanced so much as Chemistry - CII National committee on Chemicals 

The Indian Chemicals industry, which accounts for 2.51 per cent of its overall GDP and 15.95 per cent of its manufacturing, is expected to grow at 15 per cent per annum over the next few years. The industry is geared up for the development of innovative, green and safe solutions for its consumers and is wholeheartedly participating in Hon. Prime Minister Narendra Modi’s flagship policy of ‘Make in India’ and unique initiative of ‘Swacch Bharat’.

CII under the theme of Chemistry Everywhere today organised a conference on ‘Doing Chemistry with a Purpose: ‘Innovative, green and safe solutions for life’. The forum provided an opportunity to consider what ‘Make in India’ really meant and its implications for the Indian industry with special focus on the chemical sector.

Present at the occasion were Mr. Nadir Godrej, Chairman, CII National committee on Chemicals and Managing Director, Godrej Industries Ltd, Dr AJV Prasad, Joint Secretary, Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers and experts from the industry and academia.

Dr. AJV Prasad, Joint Secretary, Department of Chemicals and Petrochemicals said “The Chemicals industry already makes a major contribution to what’s made in India. The Chemical industry is expected to grow at a rate of 15% per annum over the next few years. The current government is working on the national chemical policy and will be coming up with the document soon.”

Dr. Prasad further added, “The Indian Chemical industry including fertilizers and petrochemicals is estimated approximately at US$144 billion which is about 4% of the global market of $3.6 trillion. The industry accounts for 15.95 per cent of India’s manufacturing and 2.51 per cent of its overall GDP, however its impact is much broader.”

CII has a key role to play in raising the industry’s profile and advocating its interests. The conference was a part of an on-going campaign- ‘Chemistry Everywhere’ to engage people in the vital and valuable contribution that the industry makes to the wellbeing of all Indians.

Lending his views on the occasion Mr. Nadir Godrej, Chairman, CII National committee on Chemicals said “For ‘Make in India’ to live up to its promise requires the collaborative efforts of many stakeholders including government, industry and academicians. We would also appeal various industries to reduce imports by encouraging indigenous production which will help us grow on the back of buoying campaigns like Make in India & Swatch Bharat. Chemistry is the solution to the society.”

The aim of the conference was also to deliberate on the campaigns introduced by the Modi Government- ‘Make in India’ and ‘Swatch Bharat’. The campaigns require an established and stable, competitive but profitable, Chemicals supply chain. The daylong conference was divided into three phases- the inaugural session, session on chemistry everywhere entailing a panel discussion and an interactive session and the third phase delving deep into the economic and political facets to the industry.

The conference was a part of on-going campaign to engage people in the vital and valuable contribution that the industry makes to the wellbeing of all Indians. Youth who have participated in CII’s Photo Contest under the theme ‘Chemistry Everywhere’ were recognized for their contribution. Panelist Padma Vibhushan Prof. M. M. Sharma, ex-Director ICT, Prof. G. D. Yadav, Vice Chancellor, ICT, Mr. Prof Uday Maitra, Professor, Indian Institute of Science, Bangalore, T.V. Venkateswaran, Scientist, Department of Science and Technology and Dr Arnab Bhattacharya, TIFR, Mumbai deliberated on success stories of Indian Chemistry innovating to do greener, safer chemistry, which not only benefited chemical sector but also had an allied impact in all other areas of manufacturing.

The Conference also saw the felicitating of the winner of the Hindustan Times Photo- Contest, an initiative undertaken by CII National Committee on Chemicals to highlight the presence of chemistry in our daily lives, in collaboration with the Hindustan Times.


About Chemistry Everywhere

Recognising the contribution of chemistry and chemicals to life as one of the key issues requiring immediate attention, CII National Committee on Chemicals, under the aegis of its Chairman Mr. N B Godrej, MD, Godrej Industries Ltd, adopted ‘Chemistry Everywhere’ as its theme of the year. The aim of this initiative is to highlight on the importance of chemistry in everyday life and bringing to the fore the issues and opportunities of the industry.


November 26th 2014

Mumbai

 

The Chemical Industry in Modi's India

Exclusive Poem By Nadir Godrej, Chairman CII National Committee on Chemicals and Managing Director Godrej Industries 

26th November 2014

While grammarians would like to curb

An object less transitive verb,

"Make in India" is on everyone's lips

And promoted on all of Modi's trips.

"Swacch Bharat" is another catchy call

And both these initiatives squarely fall

Within the Chemical Industry's domain.

And we can contribute and gain.

Detergents can help to clean

And Chemistry is getting green.

And Chemistry is the solution

To prevent all pollution.

And chemicals have a one sixth stake

In everything that we make.

But even more we say with pride

A chemical's always inside.

Chemicals are here and there

Chemicals are everywhere.

And therefore we have a session where

This idea we would like to share.

And thanks to Responsible Care

Now problems are extremely rare.

And soon I hope we'll all decide

To take the initiative industry-wide.

And later in the day

We'll show how we found a way,

With pictures from everyday,

To unequivocally say

That chemistry is everywhere.

I mentioned our industry's large share

In manufacturing today.

So how can we now  find a way

To make all chemicals we need.

Can "Make in India", now succeed?

Low cost feedstock and energy

Is what we now need to see.

We need more shale and coal bed gas

As well as low cost biomass.

Our technical skills we should hone

And build many a Chemical Zone.

Our taxes need to be more light

Without surprises that cause fright.

The tax incentives that we see

For R&D and Green Energy

Will never see any traction

Without reduction or retraction

Of M.A.T. which is now far too high.

It's time to say so long, good bye!

As newer programs come in stride

Our industry will join the ride

And India surely can take pride

In rapid growth that will provide

Prosperity to one and all

So let us rise to the call.

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