A Brief Introduction To Chemicals Industry In India by Kplintl.com


Posted October 1, 2017 by asitroy

Chemical suppliers like KPL International Limited have been devoutly boosting the growth of Chemical industry in India by sourcing top-quality chemicals from highly praised manufacturers.

 
Despite being one of the oldest industries that began functioning post-Independence, Chemical Industry is a rapidly emerging industrial sector in the Indian Economy. The Chemical Industry sector contributes to the economic growth of the country with the industry accounting for nearly 13% of Indian GDP at present. Chemical suppliers like KPL International Limited have been devoutly boosting the growth of Chemical industry in India by sourcing top-quality chemicals from highly praised manufacturers.

With country's 13% of total export generated by the Chemical Industry in India, the industry is developing steadily because of its diversified and multi-faceted nature. The multi-product industry offers an assortment of products to suit the industrial requirements of chemical importers in India.

When contacted for a quote, the company spokesperson said, “The chemical industry is a vast segment that caters to industries engaged in manufacturing Pharmaceuticals, Paints, Petrochemicals, Plastics, and Agro-chemical products, Petrochemicals being the fastest growing sector of the chemical industry. The Inorganic Chemicals sector that sustains industries that manufacture alkalis, glass, fertilizers, and detergents, is growing at a steady rate of nearly 9%.”

Pharmaceuticals form an important sector of the Chemical Industry in the country. In terms of volume, India is the fourth largest manufacturer of drugs and pharmaceuticals in the world. Chemical importers rely on quality products provided by suppliers like KPL to manufacture advanced drugs. The demand for superior drugs has led to the distinguishing growth of the chemical industry.

“Pesticides and Agro-chemical products have contributed immensely to the rise of Indian chemical industry. India solely accounts for nearly 2.5% of the Pesticides and Agro-chemical products market in the world. Talking about the domestic market growth, the agro-chemical sector is expanding at a remarkable rate of 10%. The sector comprising Specialty chemicals that are used in the production of paints, polymers, dyes, inks, polymers, etc. has registered about 12% growth under the country’s economy”, the spokesperson added further.

Several reputed Chemicals Suppliers and manufacturers share the credit of successful emergence and prevalence of the chemical industry in India. The industry continues to flourish under the staunch support of chemical importers in India.

About the company

Established nearly two decades ago, KPL International Limited (KPL) specializes in marketing and distribution of quality products like chemicals, polymers, paper and paper chemicals in India. We represent 35 global companies and more than 3,000customers that belong to the top Indian business giants. We have been providing a variety of services and products to our proud customers.
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Contact Email [email protected]
Issued By Asit Roy
Website KPL International Limited
Phone +91 11 2335 6471
Business Address Statesman House, 10th Floor, 148, Barakhamba Road
Country India
Categories Business
Tags chemical importers , chemical suppliers
Last Updated October 1, 2017