The Government is planning to boost domestic production of chemicals and petrochemicals to cut down imports and make India a manufacturing hub for the sector, a top ministry official said on Wednesday.
Net imports of chemicals and petrochemicals touched a whopping Rs 1.21 lakh crore annually in 2018-19, the official added. Addressing an event organised by the Indian Chamber of Commerce (ICC), chemicals and petrochemicals secretary P Raghavendra Rao said.