To become an innovative global R&D provider in the field of chemical      sciences and technology with reference to industrial and specialty chemicals.

 To be an institution of international excellence in basic research in organic chemistry and adjacent chemical and engineering sciences

 To establish balance between innovation and discovery research in IICT R&D thrust areas.

 To provide globally competitive and environmental friendly technologies in agrochemicals, drugs (synthetic and natural products), organicntermediates,fine chemicals, lipid sciences and technology,coal,gas and energy,speciality polymers and allied chemicals.

To achieve world class expertise in frontier areas in organic synthesis, natural product chemistry,homo and heterogeneous catalysis, nano materials, biotechnology and chemical process design.

To build high level competence to offer knowledge based technological services world over in relevant areas of chemical, biosciences, pharmacological and engineering sciences.