Chemical cos grow 17% in 3 years, but struggle with profits and margins
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%.
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%.
Continued surge in the price of gas has necessitated further subsidy, says Crisil.
India has the ability to become the world's largest food producer, but feeding the globe while ensuring food security to its 1.4 billion people is not going to be an easy task.
The growth in the index of eight core industries can be attributed to the higher production of cement, coal, fertilisers and electricity during May 2022 over the corresponding period of last year.
Value-added products, change in fuel-mix, inventory light model — and the inevitable price hikes are some of the steps India Inc. is taking to address volatile commodity prices.