Mumbai, Oct 3: On his first visit to Mumbai as the president, Pranab Mukherjee will Thursday inaugurate India Chem 2012, an international conference to promote the Indian chemical industry.
The three-day event is being organised by the Department of Chemicals and Petrochemicals, Government of India, and the Federation of Indian Chamber of Commerce and Industry (FICCI). The conference, organised every other year, is being held the seventh time this year.
The theme of India Chem 2012 is “Emerging India: Sustainable Development of the Chemical Sector”. It underscores the importance and the role of the chemical and petrochemical industry in the Indian economy.
The sector contributes around 14 percent of overall index of industrial production in the country; it accounts for 10 percent of the country’s overall exports.
An exhibition will also be organised during the conference, which is expected to see participants from 274 companies, including 140 international firms.
USA, Germany, Japan, China, UK and South Korea are expected to be represented at the conference.
Concurrently, an International Reverse Buyer Seller Meet in the chemical sector is being organised by CHEMEXCIL, India Export Promotion Council, ministry of commerce and industry, Government of India.
Buyers from focus markets, including Latin America, Africa and South East Asia will be participating in that meet.