Chemicals February 12th, 2015admin
Chemicals
The chemical industry in India is poised for explosive growth in the coming years. India’s population has grown nearly as large as that of China, with its consuming middle class accounting for about a third of its population. Despite the challenges of escalating crude oil prices and demanding international environmental protection standards now adopted globally, the chemicals industry has still grown at a rate higher than the overall-manufacturing segment. The Indian Chemical Industry forms the backbone of the industrial and agricultural development of India and provides building blocks for downstream industries.