Chemicals

The chemicals sector holds a big position within the Indian economy, accounting for seven-membered of the gross domestic product and concerning 14 July in overall index of business production (IIP). Bharat has vital presence in production of basic organic chemicals, fertilisers, pesticides, paints, dyestuffs and intermediates and fine and specialty chemicals. the world faces key challenges like inadequate infrastructure facilities, high prices of basic raw materials like gas and rock oil, high price of capital and wish for technological improvement of its facilities.

The key success factors for the sectors area unit the employment of advanced technology, sturdy analysis capabilities, backward and forward linkages and development of domestic capability to scale back dependence on foreign raw materials. it's additionally become imperative for the world to deal with safety, health ANd environmental protection problems in an unionised manner.