Overview

India's Chemicals and Petrochemicals market is poised for remarkable growth, projected to reach a substantial USD 300 billion by 2025. In response to the global shift towards diversifying supply chains beyond China (often referred to as 'China + 1' strategy), the Indian government is taking decisive strides with its 'Make in India' and 'Atmanirbhar Bharat' initiatives, particularly in the realm of chemicals and petrochemicals. What makes India an increasingly attractive hub for manufacturing is a trifecta of factors: its competitive labor costs, adeptness in constructing manufacturing facilities more economically compared to developed nations, and recent adjustments in corporate tax rates that have fostered a more supportive business environment.

India’s Chemicals and Petrochemicals market is poised for remarkable growth, projected to reach a substantial USD 300 billion by 2025. In response to the global shift towards diversifying supply chains beyond China (often referred to as ‘China + 1’ strategy), the Indian government is taking decisive strides with its ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives, particularly in the realm of chemicals and petrochemicals.

What makes India an increasingly attractive hub for manufacturing is a trifecta of factors: its competitive labor costs, adeptness in constructing manufacturing facilities more economically compared to developed nations, and recent adjustments in corporate tax rates that have fostered a more supportive business environment.

As the global supply chain undergoes seismic shifts, the chemical sector has emerged as a pivotal component in India’s comprehensive trade landscape. This shift, however, brings along its own set of challenges. These challenges encompass trade barriers, both tariff and non-tariff in nature, stringent quality control adherence and customs compliances.

Amidst this dynamic backdrop, our teams operate across practice areas, extending invaluable guidance to a diverse clientele. Our expertise spans diverse sectors, encompassing bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers, and the fertilizer industry. Through a comprehensive approach, we navigate the intricate landscape of India’s chemical sector, ensuring our clients are poised to harness the opportunities and tackle the intricacies in this evolving industry landscape.

Our services include:

  • Support in leveraging ‘Make in India’ policies
  • Assistance in Green Field projects
  • Acquisition and development of real estate assets, including greenfield and brownfield facilities
  • Strategic M&A’s and Joint Ventures
  • Dispute resolution in every forum, including litigation and arbitration
  • Advisory on Merger Controls ; Anti -Competitive Agreements; Abuse of Dominant Position
  • Government Affairs and Regulatory
  • Tax Optimization
  • End to end assistance on customs related issues
  • Advisory on BIS/Quality Controls
  • Assistance on trade remedial matters
  • Adherence to ESG norms
  • White Collar Crimes/Forensic investigations

Thought Leadership

Alerts & Updates 6th Jun 2023

BIS Update: Extension of date of enforcement for Mandatory Certification for various chemicals – June 6, 2023

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Articles 9th May 2023

A Curious Case of Quantitative Restrictions- India’s Recent Move to Safeguard Domestic Industries

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Alerts & Updates 3rd Feb 2023

BIS Update: Extension of Mandatory Certification for Additional Chemical Products

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Alerts & Updates 26th Oct 2022

BIS Update: Extension of Mandatory Certification for Additional Chemical Products

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Alerts & Updates 16th Aug 2022

BIS Update: Extension of Mandatory Certification for Additional Chemical Products

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Alerts & Updates 29th Jul 2022

BIS Update: Extension of Mandatory Certification for Additional Chemical Products

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Alerts & Updates 6th Apr 2022

BIS Update: Extension of Mandatory Certification for Additional Chemical Products

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Alerts & Updates 14th Mar 2022

BIS Update – Mandatory Certification for Additional Chemical Products

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Recent Matters

Represented Chemical exporters and producers from Qatar in an anti-dumping investigation concerning imports of Caustic Soda from Japan and Qatar.

Represented Chemical exporters and producers from Qatar in an anti-dumping investigation concerning imports of Caustic Soda from Japan and Qatar.

Represented an Exporter in Hong Kong in relation to an anti-dumping investigation concerning import of Phenol originating from Singapore, Korea...
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Represented an Exporter in Hong Kong in relation to an anti-dumping investigation concerning import of Phenol originating from Singapore, Korea RP and European Union.

Represented Industrial Chemical companies from UK, USA before the Director General of Anti-Dumping and Allied Duties in an anti-dumping investigation...
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Represented Industrial Chemical companies from UK, USA before the Director General of Anti-Dumping and Allied Duties in an anti-dumping investigation concerning export of Poly Vinyl Chloride.

Assisted Chemical manufacturing companies based out of Thailand in a sunset review investigation concerning imports of ‘Flexible Slabstock Polyol’ from...
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Assisted Chemical manufacturing companies based out of Thailand in a sunset review investigation concerning imports of ‘Flexible Slabstock Polyol’ from Thailand.

Assisting a Large manufacturer of chemicals headquartered in the US, in making a proposal for revision of the existing BIS...
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Assisting a Large manufacturer of chemicals headquartered in the US, in making a proposal for revision of the existing BIS standard on Potassium Carbonate.

Advising Eternis Fine Chemicals Limited on the way forward and assisting in the inquiry being undertaken by the DRI on...
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Advising Eternis Fine Chemicals Limited on the way forward and assisting in the inquiry being undertaken by the DRI on alleged availment of double benefit of refund as well exemption from IGST on imports.
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Related Practice Areas

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Litigation, Arbitration & Alternate Dispute Resolution

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Real Estate

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Regulatory & Compliance

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