Indian Chemical Companies

The Indian chemical companies are one of the fastest growing sectors of the national economy. The sector is worth US $25 billion with an additional US $5 billion coming from the Fertilizer companies. The Indian chemical industry provides up to 13% of the Gross Domestic Production. The product line of the chemical companies of India consists of several kind of products and the industry is not concentrated in any particular part of the country, but it is distributed across the whole country although western India is right now, leading in the sector.

A major portion of the Indian chemical companies are based in the western part of the country and right now almost 50% of the chemical companies are operating in western India. Apart from the national companies, there are also some multinational companies which are dealing in the sector.

The chemical industry in India has several parts and all of these are providing their share in the development. The different sectors of the chemical industry are:

• Organic Chemicals
• Inorganic Chemicals
• Petrochemicals
• Agrochemicals
• Bulk Drugs
• Fine and specialties
• Paints and Dyes

The production of the sector is marketed in two ways, directly to the clients or using the marketing channels. Selling the products through the channels means using the dealers and the stockist. There are numerous stockists and dealers in the market and they are doing business in the different parts of the country. These dealers are responsible for handling the needs of the retail market.

The chemical companies of India have developed considerably and as a result India is, right now, a net exporter of chemicals. The picture was not the same in the 90's. At that time, the chemicals were imported from other countries. But now, India has developed several petrochemical plants like Reliance petrochemicals, Haldia petrochemicals, etc. and the production of these plants, have changed the whole scenario.

There are several other sectors which are playing their part in the growth of the chemical sector such as pesticides, pharmaceutical companies, bulk drugs, dyes and intermediates, etc. In the recent years, these sectors have also produced on a large scale and a sharp growth in the export chart has taken place.Almost 63% 0f the total export in the chemical sector have been jointly produced by the pharmaceutical companies, drug companies, agro chemicals,inorganic chemicals and organic chemicals. The Indian chemical industry has also gained a lot of strength from the mergers and acquisitions in the international market.

Some of the major companies in the field are:

• Organosys
• Novartis
• Pidilite
• Schenectady Herdillia Chemicals Limited