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Opportunities in Chemical Industry in Mumbai, Maharashtra

Maharashtra is one of the major states in India in terms of the chemical and petrochemical production. There are more than 5,400 chemical industries in the state, out of which around 20% of the industries are large scale. The state is home to around 16% of the chemical industries in India and accounts for more than 17% of the domestic chemical production. With dedicated cluster zones across the state, Maharashtra provides the infrastructure required for the growth of chemical industry in the state. Nagpur, Aurangabad, Thane, Pune, Raigad, Ratnagiri, Kolhapur and Nanded are the major chemical hubs in Maharashtra.

Government Initiatives for the Sector

To promote the chemical industry in Maharashtra, the state government is taking all the necessary measures. As small and medium scale industries cannot afford to have treatment systems for effluents, the government is helping them by providing common effluent treatment systems for treating industrial waste. This allows the industries to largely cut down their investment. The government has developed dedicated zones for setting up chemical industries and thereby minimize environmental pollution.

The Government of India recently approved the PLI Scheme for Advanced Chemistry Cell (ACC) Battery Storage. This decision is expected to boost the chemical industry across the country, including Maharashtra. Apart from the PLI Scheme, there are several other schemes for the chemical industry such as Chemicals Promotion Development Scheme, Scheme for setting up Centre of Excellence, Export Promotion Schemes, etc. through which entrepreneurs can avail benefits from the government.

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Hire the Best Chemical Consultants in Mumbai

Maharashtra is one of the most industrialized states in India. With the rapid growth of industries across the country, the demand for chemicals that find applications across various sectors including food processing, automobile, textile, paints, etc. is going to increase. So, there is a great scope for the growth and expansion of the chemical industry in Maharashtra.

Some of the major chemical industries in the state include BIOSTADT, AsianPaints, Ashapura Minechem, Laxmi Organic Industries, Tata Chemicals, BASF, Dow, etc. Apart from these large scale industries, there also exist several small and medium scale chemical industries in the state which contribute to more than 50% of the total production. Considering the growing demand for chemicals, there is great scope for MSMEs in the chemical industry in Maharashtra.

While that is the case with opportunities for MSMEs, entering into the chemical industry and setting up a manufacturing plant is not so easy for small entrepreneurs without assistance from chemical consultants. If you are planning to start the chemical industry, our chemical project consultants can help you in successfully executing your chemical project right from market research to plant setup and commissioning. To know more about our services and chemical consultants in mumbai, kindly register with SolutionBuggy.

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