Indian Chemical Industry

Pallavi Kate

December 21, 2011

History Of Chemical Industry

History of Chemical Industry is something very important to be discussed if one wants to get a vivid picture of world chemical industry and its trends. Though for many years, the western countries dominated the Global Chemical Industry, the first chemical operations which signify the birth of chemical industry took place in the Middle East long back in 7000 B.C. After them, next were the Chinese people. The first large scale chemical industry came into existence in the 19th century by  a British Entrepreneur.

Chemical Industry Evolution In India

Chemical industry is one of the oldest domestic industry of India which started working soon after India's independence in 1947. It was till 1991 that India was a closed economy. However, after adoption of liberal policy in 1991 benefited most of the industries, including the chemical industry in India. It has evolved from being a basic chemical producer to becoming an innovative industry. Since then, the industry has gained recognition in the global economy. Below are the first factories of independent India.

Bengal Chemicals in KolkataSindri fertilizer plant near Jodhpur in RajasthanPetroleum refining (Tiny one) in Digboi, Assam

Indian Chemical Industry Scenario Chemical Industry is an important constituent of the Indian economy. Its size is estimated at around US$ 35 billion approx., which is equivalent to about 3% of India's GDP. Chemical industry is a significant contributor to the Indian economy, accounting for 11% of total industry output and 13% of Gross Value Added by the manufacturing sector in FY10. The industry contributes to 10% of India's total exports and is a net earner of foreign exchange. It is also a significant employment generator and participation field for small and medium scale industries (SMEs). The size of India's chemical industry was approximately $ 83 Bn in FY10, and could grow at 15% annually to $ 330 Bn in 2020 in the most likely scenario, outpacing the GDP growth rate.

The growth is expected to be driven by rising demand in end-use segments and rising exports fuelled by increasing export competitiveness.

Indian Chemical Industry Scenario FACTS OF INDIAN CHEMICAL INDUSTRY �•13% of the total export

•13% of the total industrial output & 7% of the GDP

•10 % - 12 % growth per annum �

•2% of global chemical industry

•Indian pharmaceutical industry ranks 4th in �volume & 13th in term of value in the world.

•India – a strong player in the generic pharmaceutical market

•India – 2nd largest producer of �agrochemicals in Asia

Indian Chemical Industry Segments

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Major Players Of Inorganic Chemicals

Major Players Of Drugs & Pharmaceuticals

Ranbaxy Shasun Cipla

Dr. Reddy's Lupin Cadilla

IPCA Sun Wockhardt

Aurobindo Kopran 

Major Players Of Petrochemicals

Reliance Industries Ltd Haldia Petrochemicals Ltd.

Indian Oil Corporation GAIL

Bongaigaon Refinery and NOCIL (National Organic Petrochemicals Ltd. Chemical Industry Ltd.)

Manali Petrochemical Limited

  

Major Players Of Pesticides, Fertilizers & Agro-Chemicals

India:

United Phosphorus Rallis Excel Industries

•  MNC:

Hoechst Agrevo Novartis

Bayer

Major Players Of Speciality & Fine Chemicals

•Paints –

Asian Paints Nerolac ICI

Courtalds Jenson & Nicholson

•Dyes & Intermediates –

Color Chem (Hoechst) Clariant

•Inks –

Coates Hindustan Inks

SWOT ANALYSIS Of Indian Chemical Industry

Referenceshttp://www.cacci.org.tw/ACC%20Newsletter/May05/Katiyar2.pdf

http://chemicals.indiabizclub.com/info/major_players

http://chemicals.nic.in/English.pdf