6^th ANNUAL OPEX IN CHEMICALS SUMMIT 2024

India's chemical industry, comprising over 80,000 commercial products, is highly diverse and categorized into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers, and fertilizers. As the 6th largest chemical producer globally and 3rd in Asia, it contributes 7% to the nation's GDP. Valued at approximately US$ 220 billion in 2022, India's chemical sector is expected to expand to US$ 300 billion by 2025 and reach US$ 1 trillion by 2040.

Operational excellence in the Indian chemical industry focuses on process optimization, safety, and sustainability through modern technologies like automation and digitalization. It aims to enhance efficiency, reduce costs, and minimize environmental impact while adhering to high safety standards and continuous improvement methodologies.

The 6^th edition of this summit will highlight best practices in process optimization, advanced manufacturing technologies, and the integration of automation and digital tools such as Advanced Process Control (APC) and Industry 4.0. The summit will explore how companies are embracing continuous improvement frameworks like Lean and Six Sigma to minimize waste, enhance safety, and improve overall performance.