Learn about the Chemical products companies in India

India is the 7th largest producer of chemicals in the world and the 3rd largest producer in Asia. The estimated size of the chemical sector of India is approximately US $ 139 billon. The industry is growing at a rate of 12.9 per cent which is a welcome sign.

Today, there is a great market for all kinds of chemicals used in different applications. There are tremendous amounts of human resources found here. That is why chemical industries flourish.

The Indian chemical industry is into various types of chemicals. They are all varied in nature and application. They are pharmaceuticals and bulk drugs, agro-chemicals, organic chemicals, inorganic chemicals, dyes, specialty chemicals and more. All these different kinds of industries generate very high amounts of revenue. This influences the Indian economy.

Chemicals sector also acts as a key enabling industry and provides support for variety of other sectors like agriculture, construction, leather etc.

The sector also has great export potential and has a demand for various products. The sector also generates employment over a large scale in both the skilled and unskilled departments.

Immense growth opportunities are present in the agro-chemicals and polymers industries in India. The export in the chemical sector has reached $ 300 million in 2015 and the investments are $ 50 billion. Categories in chemicals like dyes, agro chemicals and pharmaceuticals are highly in demand and therefore exported in large quantity. Due to the ‘Make in India’ initiative started by the government, there have been various plans and schemes provided by the government and investors are attracted as well.
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