Skip to content

The Catalyst for New India’s Growth

Empowering Innovation and Growth in India’s Chemicals and Petrochemicals Industry

Semicon City (Semicon City) is set to become India’s premier hub for the chemicals and petrochemicals industry. With access to state-of-the-art infrastructure, strategic connectivity through the Delhi-Mumbai Industrial Corridor (DMIC), and proximity to India’s deepest port, Semicon City is perfectly positioned to support domestic production and exports. Backed by robust government incentives and a thriving industrial ecosystem, Semicon City invites global investors to be part of India’s chemical and petrochemical growth story.

Why Invest in India’s Chemicals & Petrochemicals Sector?

  • Global Scale: India ranks 6th in the world for chemical sales, contributing 3% to the global chemical industry and 10% of India’s total exports.
  • Strong Market Growth: Expected to grow at a CAGR of 9-10%, the sector’s value could soar from USD 220 billion to USD 850 billion by 2040.
  • Robust Government Support: Programs like PCPIRs, Plastic Parks, and 100% FDI create a fertile ground for investments.
  • Export Potential: India offers opportunities for USD 111 billion in import substitution, alongside competitive production costs.

Key Growth Drivers for Chemicals & Petrochemicals

  • Demographic Dividend: Rising incomes and urbanization are driving demand for specialty chemicals, agrochemicals, and petrochemical products.
  • Shifting Global Trends: India is becoming a hub for production and consumption, especially in Asia and Southeast Asia.
  • Sustainability Push: A growing preference for environmentally friendly products creates opportunities for new product development.
  • Strong R&D Ecosystem: India is advancing innovation through Centers of Excellence and robust research infrastructure.

Infrastructure Support at Semicon City

  • Petroleum, Chemicals, and Petrochemical Investment Regions (PCPIRs):
    • Maharashtra (Semicon City): Spread over 640 sq. km., supporting large-scale production and exports.
    • Gujarat (Dahej): Integrated with ONGC Petro Additional Limited, offering 1.1 MMTPA cracker capacity.
    • Odisha (Paradeep): A thriving ecosystem anchored by Indian Oil Corporation.
  • Plastic Parks:
    • 10 parks across states like Tamil Nadu, Karnataka, and Madhya Pradesh, designed to foster advanced polymer and plastics industries.

Government Initiatives Driving the Sector

  • 100% FDI: Simplified processes under the automatic route attract global investments.
  • PCPIRs: Boosts domestic and export-led manufacturing with world-class infrastructure.
  • Plastic Parks: Enables value-added production and innovation in polymers and plastics.
  • CIPET: Focuses on skill development and research, driving excellence in chemical and allied industries.
  • Centers of Excellence: Supports innovation in petrochemical technologies and applications.

Key Players Already in India

Prominent industry leaders like Reliance Industries, Asian Paints, UPL, Tata Chemicals, LG Chem, and BASF are thriving in India, showcasing the nation’s robust potential in chemicals and petrochemicals.

Semicon City: Your Gateway to Chemical & Petrochemical Success

Semicon City (Semicon City) offers unmatched opportunities in India’s rapidly growing chemicals and petrochemicals sector. With robust infrastructure, government incentives, and end-to-end investor support, Semicon City ensures a seamless journey for global investors. Join us to shape the future of India’s industrial growth.