ENA Sectors 2024-10-21 16:49:56 <p><span style="font-size:14px"><strong>Mumbai, Oct 21 (KNN)</strong> Gujarat Chief Minister Bhupendra Patel emphasized the states exceptional growth in the chemical and petrochemical sector during his address at the India Chem 2024 summit in Mumbai.</span></p> <p><span style="font-size:14px">Speaking at the 13th edition of this prestigious Biennial International Exhibition and Conference, Patel said Gujarat has firmly established itself as the Petro Capital and Petro Hub of India, owing to its advanced industrial infrastructure and efficient logistics network.</span></p> <p><span style="font-size:14px">Patel highlighted Gujarat's pivotal role in driving national exports, noting that the state contributed 31% of Indias total chemical and petrochemical exports in the 2023-24 fiscal year. </span></p> <p><span style="font-size:14px">He credited Gujarats industry-friendly environment and robust infrastructure for this achievement, particularly the Dahej Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR), which provides cutting-edge facilities for businesses in the sector.</span></p> <p><span style="font-size:14px">Gujarat accounts for around 75% of the nations production of dyes and intermediates, Patel noted, underlining the states leadership in various segments such as basic chemicals, specialty chemicals, polymers, fertilizers, pigments, and dyes.</span></p> <p><span style="font-size:14px">The three-day India Chem 2024 was organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in partnership with the Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers. </span></p> <p><span style="font-size:14px">The event was inaugurated by Union Minister Jagat Prakash Nadda, with participation from several other dignitaries, including Anupriya Patel, Minister of State, and the Chief Ministers of Madhya Pradesh and Odisha.</span></p> <p><span style="font-size:14px">During his presentation, Patel lauded Gujarats industrial achievements, aligned with the Prime Ministers vision of self-reliance. He mentioned that 3,256 projects were launched under the recent Vibrant Gujarat Global Summit, attracting investments worth ₹5.34 lakh crore in the chemicals and petrochemicals sector.</span></p> <p><span style="font-size:14px">The Chief Minister expressed confidence that India Chem 2024 would boost Atmanirbharta (self-reliance) in the chemicals sector, complementing the Make in India, Made for the World initiative. </span></p> <p><span style="font-size:14px">He also stressed the importance of sustainability, affirming Gujarats commitment to environmentally responsible industrial growth.</span></p> <p><span style="font-size:14px">The event attracted key industry leaders, including Dipak Mehta, Chairman of FICCIs National Chemical Committee, Nikhil Meswani from Reliance Industries, and several senior government officials. </span></p> <p><span style="font-size:14px">Patel concluded by reaffirming Gujarats commitment to sustaining its leadership in the sector and driving Indias global competitiveness.</span></p> <p><span style="font-size:14px">The summit marks a significant platform for fostering partnerships and expanding the industrys global outreach while reinforcing Indias strategic goals in chemicals and petrochemicals.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 39657 https://knnindia.co.in/news/newsdetails/sectors/gujarat-is-indias-petrochemical-hub-with-31-export-share-bhupendra-patel 2024-10-21 16:49:56 knnindia.co.in