Explore the Impact of Verifying Carbon Capture Technologies
22 Nov 2024
Read more >21st to 22nd September 2022
Last date for expressions of interest: Friday, 12th August 2022
Email: Harish.Vaidyanathan@fcdo.gov.uk
Participation fees: £110 + VAT
Department for International Trade (DIT) is hosting a virtual Chemicals mission to India in September 2022. The best of British chemical companies with a focus on Sustainability, Green Manufacturing and Innovation, are invited to join the mission to India.
This is an excellent opportunity to present UK innovation in Chemicals, and to explore business collaborations and develop contacts with key stakeholders from the Indian chemicals industry.
Please get in touch if you have an innovation that fits into one of the strands below:
Sustainability
Sustainability is becoming an imperative, not a buzzword, with various stakeholders placing a premium on it. Chemical companies could prioritize environmental sustainability to protect long-term shareholder value, while continuing to comply with local regulations. This can evolve into setting benchmarks for the Indian market for sustainable & green manufacturing of chemicals.
Innovation
Demand for innovative solutions for existing processes, manufacturing etc.
The Indian chemicals industry stood at £142 billion in 2019 and is expected to reach £243 billion by 2025 registering a CAGR of 9.3%. The demand for chemicals is expected to expand by 9% per annum by 2025. The chemical industry is expected to contribute £240 billion to India’s GDP by 2025. (Source: IBEF reports)
• An investment of £85 billion is estimated in the Indian chemicals and petrochemicals sector
by 2025.
• The Indian chemical industry has numerous opportunities considering the supply chain disruption in China.
• Introduction of tax breaks and special incentives through Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR) or SEZs to encourage downstream units will enhance production and development of the industry.
• The dedicated integrated manufacturing hubs under PCPIR policy will attract an investment of £220 billion by 2035.
Mission Details
Date: 21st to 22nd September 2022
Day 1: 21st September 2022
Session 1: Inaugural session
Session 2: Pitching session for UK companies (3 minutes each)
Session 3: B2B meetings
Day 2: 22nd September 2022
Session 1: B2B Meetings
Last date for expressions of interest: Friday, 12th August 2022
Email: Harish.Vaidyanathan@fcdo.gov.uk
Participation fees: £110 + VAT
By NEPIC
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