FDI, Fragmentation, and Feedstock Risks: Decoding India’s Chemical Sector Transformation

Vinodhini Harish

26 Feb 2026
The Indian chemical industry is entering a defining phase marked by resilience, reform, and renewed global relevance. among geopolitical shifts, supply chain disruptions and worldwide push for manufacturing diversification, India has strongly emerged as a strategic alternative in the global chemicals value chain. India was once known for bulk chemical production, but now the sector is slowly evolving toward specialty, performance and value-added segments that command higher margins and stronger;

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