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Chemicals

Indian chemicals industry contributes around 6.7% to the Indian Gross Domestic Product (GDP), hence is an integral part of our economy. The entire chemicals exporters, importers, manufacturers and suppliers industry has been classified into three main segments; basic, specialty and knowledge-based. Chemical manufacturers of our country play a vital role in agricultural and industrial development in India by producing different kinds of chemical based products such as plastic manufacturing Chemicals, dry cleaning Chemicals, petroleum treating Chemicals and waste treatment Chemicals, etc. The chemicals industry India has its links with many other industry segments including automotive, consumer durables, engineering, food processing, etc. Due to combined efforts of chemicals exporters India, distributors and chemicals wholesalers, this industry is expected to grow up to a size of USD 100 Billion within few years. Although the production by chemicals manufacturers New Delhi & other major cities is not too less, still Indian chemicals suppliers are not able to fulfill the domestic demand of these products. Hence, chemicals importers India import chemicals of worth USD 1.3-1.8 billion annually from overseas country chemicals exporters. In spite of this trade deficit, Indian chemicals manufacturers and companies have become successful in becoming significant players in global marketplace. Indian chemicals manufacturers are performing much better than other global players even in the times of economic downturn.

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