NEW DELHI : NITI Aayog, the government’s apex public policy think tank, has proposed a series of measures to nearly double India’s $44 billion in annual chemical exports by 2030, noting that limited domestic demand remains a key barrier to faster growth in the sector.

The measures outlined in a report released on Thursday include developing new and existing production clusters to enable scale, improving port infrastructure for better logistics and storage, and introducing a sales-linked incentive scheme to localise production and boost exports of critical chemicals.

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