India's Chemical Exports Soar: US, EU Deals Unlock Tariff Relief, Boost Industry

• Around 35-40% of India's chemical exports will benefit from recent trade agreements with the US and EU, creating a favorable environment for the sector.
• Anupam Rasayan's Deputy CFO, Vishal Thakkar, highlighted that India exports over 20% to the US and 17% to Europe, making these deals highly impactful.
• Beyond trade deals, the government's plan for three new chemical parks will strengthen infrastructure and provide long-term capacity support.
• Anupam Rasayan's recent US acquisition, combined with easing trade barriers, opens new cross-border opportunities and a combined India-US supply chain solution.
• Exports to Europe will see immediate tariff relief, with duties dropping from 6-13% to zero, while US tariffs for some products are expected to be around 18%.

Why It Matters: US, EU trade deals and domestic support are set to significantly boost India's chemical export sector.