The Chemical Industry is a significant component of the Indian economy with revenues at approximately USD 28 billion. It constitutes 6.7% of India's GDP & 10% of total exports. With the current level of performance, in terms of size India is 12 th largest in the world & 3 rd largest in Asia. It Constitutes 12.5% of country industrial production & 15% of India's manufacturing capacity.The global chemical industry is valued at about US$ 1.7 trillion of which India's chemical industry account for just 2%.

In the light of above, The Indian chemical industry is at cross road today. It could sustain its part performance and grow in line with the GDP growth and can achieve size of around USD 60 billion. The Industry even has the potential to grow at a significantly higher rate to a size of USD 100 billion by 2010, provided certain imperatives are addressed such as consolidation, cost reduction, increased use of IT, R & D, focus on core business & globalization. The industry also needs to focus on new sources of growth like the specialty & knowledge segments.

Seeing these huge growth potential for the chemical Industry, CII is organising Chem Expo 2007, its 3 rd International Exhibition from 1- 3 November 2007 at Mumbai, which is in close proximity to major chemical manufacturers in Western India that account for approximately 45.5% of the total Indian Chemical Industry.