Shri Bhagwanth Khuba to inaugurate International Conference on Chemicals and Petrochemicals tomorrow at New Delhi

New Delhi, May 23, 2023, PIB

Department of Chemicals and Petrochemicals is organizing a B20 conference for the global business
community, in collaboration with Confederation of Indian Industry (CII) with focus on the Chemicals
& Petrochemical sector at New Delhi tomorrow. The event will be inaugurated by Minister of State
for Chemicals and Fertilizers & New and Renewable Energy Shri Bhagwanth Khuba in the presence
of Secretary, Department of Chemicals and Petrochemicals and various representatives of G20
member countries.
More than 500 delegates from India and Oversees from Industry/Association/Federation across B20
Nations, Government representatives will participate in the conference. Industry representatives from
Germany, Mexico, Russia, Hungary, United States of America, Belgium, Singapore, United Arab
Emirates and South Korea are expected to participate in the conference.
The aim of the Conference is to improve the safety and sustainable ecosystem for chemicals and
petrochemicals industry across the four pillars of De-carbonization, Circular Economy, Biodiversity
and Water Conservation. The conference is an effort to promote sustainable development in chemical
and petrochemical sector and to deliberate upon sustainable solutions of various issues being faced by
the industry. The conference will facilitate in identifying potential opportunities, exchange of
knowledge amongst G20 countries on sustainability and circularity.
Chemicals & Petrochemical industry being one of the fastest growing industries, is playing a
instrumental role in development the Indian economy. It finds application in providing building
blocks and raw materials for allied downstream products. Given the sector's significant potential to
overall economic development and nation building, G20 members have huge opportunities to
increase the capacity and capability for achieving ambitious growth targets.
During the event, the discussion will be held on the topics such as Sustainability in the Chemicals
Industry; Pathways to achieve Net Zero/Sustainability in Chemical Industry; R&D, Technology and
Digital Transformation in the Chemicals Industry and Inclusive & Adaptive Skill for Sustainable
Ecosystem.

During India's presidency of G20, Department of Chemicals & Petrochemicals in association with
Confederation of Indian Industry (CII) is organising B20 engagement on International Conference
on Chemicals and Petrochemicals: Sustainable Transitions through Greentech & Digitalization
on 24 th May 2023, New Delhi, India. The Business20 (B20) is the official G20 dialogue forum with
the global business community. The B20 acts as a platform for dialogue among policymakers, the
civil society and businesses at international level. It aims to deliver concrete actionable policy
recommendations on priority to spur economic growth and development.