India Chem 2024 concludes in Mumbai; Nadda projects chemical sector at $300 billion by 2028
On 19 October 2024, in Mumbai, the three-day 'India Chem-2024' concluded, with Union Minister J.P. Nadda saying India's chemical and petrochemical industry is projected to surpass $300 billion by 2028 and reach $1 trillion by 2040.
Summary
On 19 October 2024, in Mumbai, the three-day event 'India Chem-2024', inaugurated on 17 October, concluded. Addressing the keynote session in the presence of the Chief Ministers of Gujarat, Madhya Pradesh and Odisha, Union Minister for Chemicals and Fertilizers J.P. Nadda said India's chemical and petrochemical industry is projected to surpass $300 billion by 2028 and is on track to reach $1 trillion by 2040.
Key facts
- Concluded
- 19 Oct 2024 (began 17 Oct)
- Place
- Mumbai
- Event
- India Chem-2024 (three days)
- Projection
- Over $300 billion by 2028; $1 trillion by 2040
- CMs present
- Gujarat, Madhya Pradesh, Odisha
Practice MCQs 3 questions
According to J.P. Nadda at India Chem-2024 (October 2024), India's chemical and petrochemical industry is projected to:
Show answer
Correct answer: A — Surpass $300 billion by 2028 and reach $1 trillion by 2040
PIB, 19 Oct 2024: the industry is projected to surpass $300 billion by 2028 and is on track to reach $1 trillion by 2040.
Where was 'India Chem-2024' (17-19 October 2024) held?
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Correct answer: C — Mumbai
PIB, 19 Oct 2024: the three-day event 'India Chem-2024', inaugurated on the 17th, concludes in Mumbai today.
The Chief Ministers of which States were present at the India Chem-2024 keynote session addressed by J.P. Nadda?
Show answer
Correct answer: C — Gujarat, Madhya Pradesh and Odisha
PIB, 19 Oct 2024: Nadda addressed the keynote session in the presence of the Chief Ministers of Gujarat, Madhya Pradesh and Odisha.