11-03-2022 12:55 PM | Source: Accord Fintech
Mansukh Mandaviya exhorts domestic, global companies to invest in India`s chemicals industry
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Chemicals and Fertilisers Minister Mansukh Mandaviya has said that the central government is pro-poor, pro-farmer and also industry friendly, and exhorted domestic as well as global companies to invest in the country's chemicals industry.

Mandaviya said the government is creating an industry-friendly environment and consulting all stakeholders before framing any policy. He also emphasised on industrial development in India and said an eco-system is being created for holistic growth. While stressing that all the 'critical requirements' should be produced locally, he said there is a need to boost India's exports and reduce imports.

Talking about the chemical industry, the minister said there is a huge opportunity in the chemical and petro-chemical sector, and asked corporates to make investments to increase manufacturing capacities. He said ‘India is a best destination for investment. It is the biggest democracy with best judicial system. The government intends to work together with the industry. We are reforming policies after consultation with the industry.’