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Chemicals Industry

Chemical Industry In India

Among the most diversified industrial sectors, basic chemicals cover an array of more than 70,000 commercial products. India's chemical industry is the second largest in the world and it has diverse advantages that include sizeable manufacturing base, large refining capacity, strategic location of being close to consuming Asian markets, basic chemistry skills and engineering and process skills.

Export Highlights

  • In 2013-14, India exported inorganic chemicals valued at 1.356 US$ Bn, organic chemicals at 12.022 US$ Bn and agro chemicals (fertilizers) at US$ 81.66 US$ Mn respectively.
  • North America, Western Europe, Japan and emerging economies in Asia and Latin America are some of the major markets for Indian chemicals.
  • The US, the Netherlands and China are the leading export destinations for Indian inorganic, organic and agro chemicals.

Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council

The promotion of product groups such as dyes and dye intermediates, basic inorganic and organic chemicals, including agro-chemicals, cosmetics, toiletries, essential oils, agarbattis, castor oil and its derivatives, is handled by the Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council, which is popularly known as CHEMEXCIL. The Council is engaged in organising promotional events and fairs for helping exporters in identifying potential markets abroad and in providing publicity and marketing back-up.

Source: India Brand Equity Foundation

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