India's chemical industry is projected to reach which size by 2030?
- A.USD 150 billion
- B.USD 300 billion
- C.USD 500 billion
- D.USD 850 billion
Correct answer
Explanation
The correct answer is USD 300 billion. The industry is projected to reach that size by 2030 and to grow to USD 1 trillion by 2040, supported by rising demand, export opportunities, a demographic dividend, relatively low per capita consumption and enabling government initiatives. India is already the sixth-largest producer of chemicals in the world and the fourth-largest in Asia, which is why this edition of the event is considered significant. Option A is wrong because that smaller figure understates the projection given for the end of the decade. Option C is wrong because no such intermediate target appears in the projection, which moves from the figure for 2030 straight to the trillion-dollar mark for 2040. Option D is wrong for the same reason.
Read the full article: India Chem 2026 in Mumbai: Theme Advantage Bharat, Japan Partner
Practice Questions
Which country is the partner country at the 14th India Chem 2026?
- A.Germany
- B.Japan
- C.South Korea
- D.United States
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The correct answer is Japan, which joins the fourteenth edition as the partner country, a step seen as strengthening economic cooperation between India and Japan.
Read the full explanation →What is the theme of the 14th India Chem 2026?
- A.Chemicals for a Green Tomorrow
- B.Make in India, Make for the World
- C.Advantage Bharat: An Emerging Global Chemicals Hub
- D.Sustainable Petrochemicals for Viksit Bharat
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Under this theme the three-day event at the Bombay Exhibition Centre, NESCO, in Mumbai will display the country's industrial capabilities, investment opportunities and emerging technologies, and position India as a global manufacturing and sourcing destination.
Read the full explanation →Which two connectivity initiatives did Rajnath Singh name as able to link Central Asia with broader markets?
- A.The Suez Canal and Gwadar Port
- B.The International North-South Transport Corridor and Chabahar Port
- C.The Belt and Road Initiative and Colombo Port
- D.The Trans-Siberian Railway and Vladivostok Port
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Underlining that connectivity underpins shared prosperity, the Raksha Mantri said India supports initiatives that link markets, make trade easier and open fresh avenues for development, and he named these two as able to contribute significantly to connecting Central Asia with wider markets.
Read the full explanation →Where is the new Anti-Drug Centre of the Shanghai Cooperation Organisation to be based?
- A.Tashkent
- B.Dushanbe
- C.Mumbai
- D.Bishkek
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The Raksha Mantri welcomed the decisions taken at the SCO Summit at Bishkek to set up two permanent bodies of the organisation, and the Anti-Drug Centre is the one to be based at Dushanbe.
Read the full explanation →India supported an SCO Action Plan for the Multilateral Trade and Economic Cooperation Programme for which period?
- A.2024-2028
- B.2025-2029
- C.2026-2030
- D.2027-2031
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Speaking at the meeting, the Raksha Mantri reaffirmed India's support for adopting an Action Plan for the Multilateral Trade and Economic Cooperation Programme for exactly that span, and the plan went on to form part of the Joint Communique that the heads of delegation adopted.
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