Page 75 - Catalysing Chemicals WIP (Version 2.0) FINAL ARTWORK.cdr

Chemistry In Lockstep
–

with India’s Economic

Growth

Supporting and spurring growth
of other Make in India sectors

We all live in the world of chemicals, molecules and products, which are transformed to give quality and
longevity to life. No virtual world can be created without materials produced by niche and eco-friendly
technologies!

Contribution to Economy

India is the seventh India's chemicals sector A key constituent of Indian
largest producer of is valued at approximately economy, it accounted
chemicals worldwide USD 139 billion for about 1.38% of the
and the third largest nation's GVA (Gross Value
producer in Asia Addition) in 2013-14.

Production

Fourth largest global Production of major Production of polymers -
producer of agro chemicals including 9 million tons
chemicals petrochemicals in 2015~16
- 23.9 million tons

India is amongst the most competitive chemical manufacturers in the world. With a global shift towards
Asia and India’s geographical proximity to the oil producing nations, opportunities for the Chemical
sector abound.

Consumption

India’s per capita consumption of chemicals is far lower than rest of the world.

India is the Specialty Chemicals Projected market As India’s economy
world’s third market has grown size by 2020 - USD grows and
largest consumer by 1% in last five 70 Billion consumer demand
of polymers years expands, there is
expected to be a
growing demand for
chemicals from
other manufacturing
sectors.
Chemistry has the potential to catalyze

Make in India, pursue sustainable
development and spur economic growth

Chemistry Everywhere 71
In Pursuit of Sustainable Development