The chemical industry is undergoing a rapid transformation, registering unprecedented growth in terms of production and revenue generation. The Indian chemical industry is expected to become USD 304 billion by 2025. Experts believe that demand for chemical products is expected to grow over 9 percent per annum over the next…
Key Facts: The chemical sector has been the 3rd largest contributor to GDP amongst manufacturing industries in India in recent years. 200% weighted average reduction of tax from the Income-tax department for both capital and revenue expenditure incurred on scientific R&D Currently, the industry is employing more than 2Mn people…