Chemical Industries

  • Chemical sector has been the 3rd largest contributor to GDP amongst manufacturing industries for year 2017 in India.
  • 200% weighted average reduction of tax from the Income tax department for both capital and revenue expenditure incurred on scientific R&D.
  • Currently industry is employing more than 2mn people.
  • There is a high demand for producing specialty chemicals, agro chemicals, petrochemicals, dye intermediaries and dyestuff and existing plants are operating at maximum capacity.
  • 100% FDI is allowed under automatic route in chemicals sector and upcoming Chemicals and Petrochemicals Investment Regions (PCPIRs) and Plastic parks will give boost to new entrepreneurs in chemical industry.
  • Heavy compliance requirement from government regarding environment policy means high reliance on consultants.
  • Get expert advice from highly qualified chemical consultants with average experience of 16 years in the domain.

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