New Delhi, Oct. 16 -- Speaking at the 7th Indian Chemicals and Petrochemicals Conference, organised by the Confederation of Indian Industry (CII) on October 15, Commerce and Industry Minister Piyush Goyal said that India's chemical and petrochemical sector has the potential to lead in technology and innovation.

He added that this positions the country as a global hub for advanced industrial solutions.

Goyal noted that the government's policies aim to ensure balanced growth, benefiting all sections of society while strengthening the domestic economy and India's standing on the global stage.

Citing the International Monetary Fund's recent decision to raise India's growth forecast for 2025 from 6.4 per cent to 6.6 per cent, he said the re...