Advanced Chemicals and Petrochemicals Sector Included in RDI Scheme

The Central Government included advanced chemicals, petrochemicals, and materials technology under the Rs. 1-lakh crore Research, Development, and Innovation (RDI) scheme, effective October 8, 2026.

Key Facts

Concerned Department: The Department of Science and Technology (DST) took this decision based on a proposal from the Department of Chemicals and Petrochemicals (DCPC).
New Technology Domain: Projects related to advanced chemicals, petrochemicals, and materials technology will now be eligible for financial assistance under the RDI scheme.
Scheme Launch: The RDI scheme received Cabinet approval on July 1, 2025, and was launched in November 2025.
Total Fund: An amount of Rs. 1 lakh crore has been allocated for the scheme to boost research, development, and innovation (R&D) in the private sector.
Financial Support: The scheme provides long-term loans and refinancing on concessional terms for advanced technology projects.
Industrial Benefits: It will promote indigenous, advanced, and cost-effective technologies in the manufacturing of chemicals, petrochemical products, and polymers.
Primary Objective: Reduce dependence on imported technologies, strengthen domestic manufacturing, and enhance self-reliance in critical technologies.