Chemical industry in India

The chemical industry of India is a major industry in the Indian economy and as of 2022, contributes 7% of the country's Gross Domestic Product (GDP).[1] India is the world's sixth largest producer of chemicals and the third largest in Asia, as of 2022.[2] The value of the Indian chemical industry was estimated at $100 billion dollars in 2019.[3] The chemical industry of India generates employment for five million people.[4] The Indian chemical industry produces 80,000 different chemical products. India was also the third largest producer of plastic in 2019. As of September 2019, the alkali chemical industry produced 71% of all chemicals produced in India.[5] India's chemical industry accounts about 14% of production in Indian industries.[6]

  1. ^ Awasthi, Anurag (6 September 2022). "In the global semiconductor race, India's chip manufacturing needs to get the 'chemistry' right". The Economic Times. Retrieved 6 January 2023.
  2. ^ "Exports of Indian chemicals register growth of 106% in 2021-22 over 2013-14". pib.gov.in. 27 April 2022. Retrieved 6 January 2023.
  3. ^ "Topic: Chemical industry in India". Statista. Archived from the original on 26 May 2020. Retrieved 2 September 2020.
  4. ^ "Sectors". www.cii.in. Retrieved 2 September 2020.
  5. ^ "Chemical Industry in India – Indian Chemical Sector Analysis". www.investindia.gov.in. Retrieved 2 September 2020.
  6. ^ PricewaterhouseCoopers. "Chemicals". PwC. Retrieved 7 September 2020.