ndianOil Corporation Limited has referred to as for deeper India–USA collaboration in specialty chemicals, with a target on technology partnerships, supply-chain resilience and high-value production to reinforce India’s position in the worldwide chemicals market.
Saroj Kant Roy, Executive Director (Aromatics & Chemicals), IndianOil, described the opportunities for bilateral cooperation even as participating as a panellist at the India–USA Chemicals & Petrochemicals Forum 2026, held during the 14th edition of INDIA
The forum concentrated on the theme “Leveraging India–USA Synergies to Build a Globally Competitive Specialty Chemicals Ecosystem – Advantage BHARAT: An Emerging Global Chemicals Hub.”
Bringing together policymakers, global chemical majors, technology providers and industry leaders, the forum explored ways to turn India–US cooperation right into a competitive, technology-driven specialty chemicals ecosystem.
Emphasizing the complementary strengths of the two countries, Roy emphasized the potential to integrate American technological expertise and development with India’s production capabilities, engineering strengths and increasing domestic market.
He stressed that closer collaboration could unlock new opportunities in specialty chemicals, reinforce domestic manufacturing and support Indian industry compete more effectively in worldwide markets.
Against a backdrop of global disruptions caused by the COVID-19 pandemic, the Russia–Ukraine battle and geopolitical tensions in the Middle East, Roy underscored the urgency of building more resilient and diversified supply chains.
Regarding to the evolving VUCA and BANI business environments, he emphasized the need for strategic flexibility, different sourcing and technology-led competitiveness to navigate uncertainty and decrease vulnerabilities.
Roy also highlighted IndianOil’s formidable petrochemical expansion plans, underscoring the company’s developing focus on specialty chemicals, value-added products, downstream incorporation and import substitution.
The approach goals to reinforce domestic production capabilities, forming sustainable business opportunities and assist the development of a more competitive petrochemical sector.
Advocating the Build–Partner–Acquire–Co-innovate (BPAC) framework, Roy detected technology licensing, joint ventures, strategic investments, application development and sustainable production as key avenues for India–US cooperation.
He also called moving beyond discussions to execution, stressing the importance of figuring out targeted ventures, reinforcing company-to-company engagement and accomplishing time-bound feasibility assessments to translate collaboration into tangible business results.
IndianOil’s participation at the forum strenghtens its commitment to strategic international partnerships, specialty chemicals growth and the development of resilient, technology-driven petrochemical value chains.
With a sharper target on innovation, downstream incorporation and cross-border collaboration, the company is positioning its expansion plans within India’s wider ambition to strengthen Atmanirbhar Bharat and turn out to be a globally competitive chemicals hub.
