Chemicals

The chemicals industry in India is expected to reach USD 304 billion by 2025, backed by 9% annual demand. Investments of USD 107.38 billion are estimated in the sector by 2025, as per reports by India Brand Equity Foundation. The industry, which allows 100% FDI under the automatic route, has seen investments to the tune of USD 19.09 billion between April 2020 and December 2021. The government has introduced several initiatives to bolster manufacturing and support the sector, such as prioritising petroleum, chemicals and petrochemicals infrastructure projects as part of the National Infrastructure Pipeline.

Other initiatives include a production-linked incentive scheme to promote domestic manufacturing in sub-sectors such as agrochemicals, cluster-based manufacturing and export-oriented parks for plastics, procurement policy to support the Make in India initiative, and industrial corridor projects to improve industrial efficiency and logistics infrastructure.

At Trilegal, we provide legal advisory to leading companies in the chemical industry operating across petrochemicals, agrochemicals, specialty chemicals, fertilisers, pesticides, biocides, paints, organic chemicals, and more.

Our experience spans assisting businesses in Chemicals industry on dispute resolution, M&A, joint ventures and licensing activities, development and implementation of tax-efficient structures, environmental compliances, and providing regulatory advisory services, including analysing the implications of regulatory developments in the industry.

Some of our clients in this space include –

• Saudi Aramco                                 
• Reliance Industries
• Tata Chemicals
• Sabic
• Sumitomo Chemicals
• Sinochem
• IOCL
• GAIL
• Rosneft (Nayara)
• Akzo Nobel
• Chemtura Corporation
• Hitachi Chemical
• LG Chem
• Azelis India
• DuPont
• Evonik Degussa GmbH
• Huntsman Corporation