India's chemicals sector targets up to $81 billion exports by 2030: NITI Aayog report
- Posted on August 15, 2026
- By Business News Today
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- 1 min read
In brief
India's chemical industry is pursuing an ambitious growth strategy targeting $81 billion in exports by 2030, according to NITI Aayog's strategic roadmap. The initiative focuses on reducing reliance on imports while strengthening domestic manufacturing capabilities. Key growth drivers include specialty chemicals, agrochemicals, and pigment sectors. This expansion plan is expected to generate approximately one million employment opportunities across the decade, while significantly boosting India's position in global chemical markets and enhancing industrial competitiveness.
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India's chemicals sector targets up to $81 billion exports by 2030: NITI Aayog report
India's chemicals sector aims for USD 81 billion in exports by 2030. This expansion will reduce import dependence and boost domestic production significantly. The industry needs substantial growth in consumption and production over the next five years. Speciality chemicals, agrochemicals, and pigments will drive export growth opportunities. This ambitious plan could create up to one million new jobs by the decade's end.
