India Chem 2026: Union Minister Nadda inaugurates summit in Mumbai

Union Minister for Chemicals and Fertilizers J.P. Nadda inaugurated the 14th edition of India Chem 2026 in Mumbai. The summit, themed ‘Advantage Bharat: An Emerging Global Chemicals Hub,’ aims to accelerate India’s growth in the chemicals and petrochemicals sectors to support the ‘Viksit Bharat’ vision by 2047.

During the event, several Indian states outlined industrial expansion plans. Odisha Chief Minister Mohan Charan Majhi announced the state’s ambition to transition from a mineral-based economy to a chemical-driven one, leveraging ports in Paradip, Gopalpur, and Dhamra. Odisha reported receiving investment proposals exceeding Rs 22.5 lakh crore, with significant focus on green hydrogen, green ammonia, and coal gasification.

NLC India Limited signed MoUs with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) for projects totaling approximately ₹37,000 crore, including a 3,200 MW thermal power plant and mineral processing initiatives. Meanwhile, Madhya Pradesh Chief Minister Mohan Yadav highlighted the state’s development as a petrochemical hub, specifically noting the downstream petrochemical unit in Bina.