India to consider PLI scheme for chemicals and petrochemicals sector, says finance minister Nirmala

She was speaking Federation of Indian Chambers of Commerce & Industry's (FICCI) Global Chemicals and Petrochemicals Manufacturing Hub (GCPMH) 2023.

The finance minister said the potential and size of the chemicals and petrochemicals industry makes a big impact on the economy. She urged the sector to adopt industry 4.0 in a "big way" and also addressed how controlling pollution still remains a challenge. "We will also consider the Production Linked Incentive (PLI) scheme for chemicals and petrochemical sector," she said.

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