New Delhi, Aug. 15 -- India's chemicals industry could target exports of up to USD 81 billion by 2030 as the country seeks to expand domestic production, reduce import dependence and become a net-zero importer, according to a NITI Aayog report.

The report said the chemicals industry could target USD 45 billion in speciality chemical exports, USD 5-10 billion in inorganic chemical exports and USD 26 billion in petrochemical exports by 2030.

The combined export target of USD 76-81 billion is part of a broader strategy to increase India's participation in the global chemicals value chain and strengthen its position as a major chemicals producer and exporter.

To meet the targets, the industry would need to achieve 10-11 per cent consumptio...