India Heavy Chemical Industry

The India heavy chemical industry has come a long way from the days of production of primary chemicals in the closed market economy to becoming a grown up industry in the open market economy.

After the 1991 liberalization policy, India experienced a rapid growth in the economy. With the opening of the market new opportunities cropped up for the industries in the India. Alterations such as abolition of licensing regulations helped the heavy chemicals industry in India to grow along with the country's economy.

The India heavy chemical industry is one of the most rapidly growing industries in India. The majority of the heavy chemicals manufactured in India are intermediary products, which are used in several other industries such as agro based chemical industries, pharmaceutical industries, fertilizer industries, textile industries, paint and dye industries, plastic industries, etc for the production of a number of end use products. Various end-user products such as paper, leather, paints, textile, varnishes, and medicines use heavy chemicals in the production process.

India heavy chemical industry consists of both large scaled and small scaled manufacturing units. The main areas of focus for the India heavy-chemical industry in the present scenario are innovation of the product, diversification of operations, and constant improvement of the product quality. With the reconstruction of the existing industrial structure the India, heavy-chemical industry has got plenty of scope in both the national and international market. One of the key factors for the success of the heavy-chemicals industry in India in the global arena would be a technologically advanced research and development facility.

The major producers in the India heavy chemical industry:

• Pidilite Industries Limited
• Asian Paints
• Balmer Lawrie
• Indian Petrochemical Corporation Limited
• Ciba Specialty Chemicals
• ION Exchange
• Gujarat Narmada Valley Fertilizers Company
• Rallis
• United Phosphorus
• IFFCO
• Bayer CropScience Limited
• Hindustan Lever Limited
• Reliance Industries Limited
• Clariant India
• BASF India