In an India that is rapidly growing, it is time to define the best chemical industry in the country.
According to a new survey by Chemical Industry Association of India, there are more than 20,000 chemical industry activities in India, comprising 2,000 chemicals, including chemicals, food and beverage, industrial fertilisers and agrochemicals.
The survey was carried out by an independent research organisation, and the results have been released on the website of the association.
According a joint statement from the association and the Centre for Science and Environment, the results show that more than 70 per cent of Indian companies are active in chemical industry.
The poll showed that in 2016, there were about 3,000 active chemical industry establishments in India.
The association says that while chemical companies make up a significant portion of India’s economy, they account for less than 5 per cent to 10 per cent share of India-based chemical companies.