Page 19 - Catalysing Chemicals WIP (Version 2.0) FINAL ARTWORK.cdr

By 2030, India’s food consumption decade, food consumption patterns
will likely touch Rs. 22.5 trillion. A will change from basic foods to “high-
major factor propelling the demand value foods” such as fruit, vegetables
for food services is India’s growing and complex proteins.
youth population. In the next
Some aspirations India needs to meet by 2034

Healthcare : Raise Life Expectancy 66 years 80 years

Manufacturing : Increase Value Added Manufacturing 12% of GDP > 25% of GDP

4 tons 7.4 tons
Agriculture : Improve Productivity
per hectare per hectare

4 tons 7.4 tons
Power : More and better Power to More People
per hectare per hectare

400 mn 650 mn
Urbanization : Modernizing Urban Areas
people people

Physical Connectivity : Reduce Logistics Costs 13% of GDP 8% of GDP

Source : PwC Report : Future of India

A burgeoning population and growth opportunities for several sectors
increasing affluence will mean come the challenge for the industry as
changing customer expectations – well as the government - ensuring
from safer and comfortable mobility products, processes and polices that
options to improved infrastructure, promote cleaner technologies and
the discerning customer will want it manufacturing practices being one of
all. People will expect better access them.
to affordable energy, housing, In this backdrop, the Government is
transportation, healthcare, quality committed to improving India’s human
food and air. Given that an aware development index, accelerate
customer is conscious about their industrialization, meet the aspirations
consumption footprint, Indians are of a growing nation and do it all in a
demanding economic growth along sustainable and responsible manner.
with a better living environment and India has set itself clear national targets
human well being. The millennial to achieve food security, enhance access
generation, in particular, is fuelling to healthcare, clean drinking water,
this trend and reshaping markets - sanitation facilities, housing & power
they expect innovative, advanced for all. While striving to overcome its
products, yet they do not wish to challenges of poverty, India is
compromise on their environmental committed to protecting the global
responsibility.
environment. Under its Nationally
While India is heading for Determined Contributions, India has
fascinating times, the challenges of committed to reducing its emissions
inclusive and equitable growth can intensity per unit of GDP by 33~35%
not be ignored. Along with the by 2030 from the 2005 levels.

Chemistry Everywhere 15
In Pursuit of Sustainable Development