Indian Chemical Firms Take Fight To China
India's initiative to indigenise chemicals is meant to emerge as an alternative to China in global markets.
India's initiative to indigenise chemicals is meant to emerge as an alternative to China in global markets.
A study of more than 70 listed Indian chemical firms says overall revenues grew from ₹87,600 crore in FY13 to ₹2,18,400 crore by FY23 with a CAGR of 10%.
If there is any non-digital, non-renewables sector that has seen capital investments despite Covid ravaging the economy, chemicals is right on top.