OPPORTUNITIES THAT CAN BOLSTER CHEMICAL INDUSTRY'S WINNING FORMULA

Siddhartha Ghosal CEO & Country President of Dow India is on a mission to take Dow India and the India Subcontinent into its next phase of growth and expansion in the material science sector.

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In an email interaction with CEO Insights, he shares insights on the sector’s major growth areas, strategies to bolster resilience against uncertainties, advice to budding industry leaders etc. Below is an excerpt from the email interaction.

Hailing from a rich professional background in leadership roles in the chemicals industry, tell us the story behind your emergence as a leader in this sector.

My career was predominantly focused on R&D and technical service, which solidified my understanding of our products and processes’ intricacies. This technical expertise was complemented by my transition into marketing and product management, where I gained insights into the commercial aspects of the chemical industry. As part of a commercial exposure program, I moved to Shanghai, which marked my first foray into leading profit and loss (P&L) and overseeing business operations.

Later at Dow, I began overseeing R&D across the EMEAI region, leading a diverse team spread across multiple countries, including UAE, Middle East, Europe and APAC. This experience enriched my perspective on cultural nuances and regional dynamics, reinforcing the importance of adaptability in leadership.

These rich experiences have not only shaped me into my current role but have also instilled a deep appreciation for Dow's ambition—being the most innovative, customer-centric, inclusive, and sustainable materials science company in the world.

The sector is expected to grow by $ 1 trillion by 2040, according to an IBEF report. What are the opportunities you believe leaders should focus on to contribute to the Global Value Chain?