India is implementing a strategic plan to transform itself into a global chemical export hub by 2030, to nearly double its current export levels of $44 billion. The strategy prioritises large upgrades at port-based clusters and new production zones, together with suggested sales-linked incentive schemes to drive growth in high-value speciality chemicals.

India’s top policy think tank has recommended opex-linked subsidies and cluster-based development around ports to reduce the sector’s $31 billion trade deficit. The goal is to boost chemical exports to between $75 billion and $80 billion by 2030. The paper advises reforming current PCPIRs in Gujarat, Odisha, and Andhra Pradesh, as well as identifying eight high-potential clusters spread throughout large and minor ports.

Experts highlight inadequate infrastructure and slow regulatory clearances as major barriers to growth, with India holding just 3.5% of global chemical value chains against China’s 23%. 

The proposed plan seeks to reduce import dependence by localising manufacturing in segments such as dyes, battery materials, and pharmaceutical intermediates. A separate Chemical Committee is planned to examine infrastructure deficiencies and offer scalable logistics solutions for ports. Anchor regions such as Dahej, Vizag, and Paradeep are expected to lead these initiatives.