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    Indo-French Astronomy focus meeting on international mega-projects discusses science vision for the next decade

    Indo-French Astronomy focus meeting on international mega-projects discusses science vision for the next decade

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    NCC Horse Show 2023 organised in Delhi Cantt

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    Republic Day Celebrations 2023: Over 1200 performers to take part in the first ever Military Tattoo & Tribal Dance Festival in the National Capital

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    PM flags off Vande Bharat Express train connecting Secunderabad with Visakhapatnam via video conferencing

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    Indo-French Astronomy focus meeting on international mega-projects discusses science vision for the next decade

    NCC Horse Show 2023 organised in Delhi Cantt

    NCC Horse Show 2023 organised in Delhi Cantt

    Republic Day Celebrations 2023: Over 1200 performers to take part in the first ever Military Tattoo & Tribal Dance Festival in the National Capital

    Republic Day Celebrations 2023: Over 1200 performers to take part in the first ever Military Tattoo & Tribal Dance Festival in the National Capital

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    PM extends best wishes to army personnel on Army Day

    PM flags off Vande Bharat Express train connecting Secunderabad with Visakhapatnam via video conferencing

    PM flags off Vande Bharat Express train connecting Secunderabad with Visakhapatnam via video conferencing

    Guj CM call to keep the rural-taluka-district sectors of the state at the forefront

    Guj CM call to keep the rural-taluka-district sectors of the state at the forefront

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    BioAsia 2023 Announces a stellar speaker line-up to discuss the learnings, challenges and opportunities in Life Science post-COVID-19

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    Chief Minister Shri Bhupendra Patel dedicates ‘Azadi Ki Yaade’ Museum

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    Heartfulness Encourages Nurturing Young Agri Scholars For A Self-Sufficient India

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    Dholakia Ventures Hosts DV8 Infinite Possibilities-G20 for Start Ups in Surat, Aims to Mobilise Global Capital for Innovation in India

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    Startup India Innovation Week culminates today with felicitation of Winners of National Startup awards 2022

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    The Secretary, MeitY launches Technology for Air Quality Monitoring System (AI-AQMS v1.0)

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    Startup India Innovation Week culminates today with felicitation of Winners of National Startup awards 2022

    Dholakia Ventures Hosts DV8 Infinite Possibilities-G20 for Start Ups in Surat, Aims to Mobilise Global Capital for Innovation in India

    Dholakia Ventures Hosts DV8 Infinite Possibilities-G20 for Start Ups in Surat, Aims to Mobilise Global Capital for Innovation in India

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    Acer Unveils the eKinekt Bike Desk to Empower Active and Sustainable Lifestyles

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    Acer Ushers In New Nitro Laptops with 13th Gen Intel Core Processors and NVIDIA GeForce RTX 40 Series GPUs

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“Chemicals” sector has huge potential for growth- Shri Gowda.

NewsMonks by NewsMonks
2 years ago
in National, News
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“Chemicals” sector has huge potential for growth- Shri Gowda.
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Union Minister of Chemicals & Fertilizers Shri D.V. Sadananda Gowda  has said that it is  good time to invest in India when the Government is focusing self-sufficiency in domestic production.

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Shri Gowda was addressing a webinar on “Specialty Chemical” Organized by Department of Chemicals & Petrochemicals and FICCI. Minster today  officially launched “ India chem2021” Which will be held from 17to19 th March 2021. 

Minister said “Specialty Chemicals” is one of the areas where  huge potential for growth lies. The past couple of decades have seen a significant shift in the manufacturing of chemicals, particularly  the specialty chemicals from EU and North America, to Asia. 

The Indian Chemical and Petrochemical industry have huge potential to play a significant role a  by 2025, the sector can alone contribute $300 billion to the GDP as compared to $ 160 billion at present.

Shri Gowda added that India is looking forward to incentivize manufacturers, through Production Linked Incentives (PLIs) and development of State of Art infrastructure facilities, to set up entire value chain of drug production in upcoming three bulk drug parks in India. 

Tags: ChemicalsIndustry
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