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Chemical industry will grow to USD 226 bn by 2020: Sitharaman

Chemical industry will grow to USD 226 bn by 2020: Sitharaman

Friday, March 24, 2017, 9:08 PM

The global chemical industry is estimated at USD 4.3 trillion, with Indian chemical industry accounting for USD 147 billion in 2015. Indian chemical industry is expected to grow to USD 226 billion by 2020, Union Minister of State for Commerce and Industry Nirmala Sitharaman said. Domestic chemical industry, 3rd largest producer in Asia and 12th in the world, is key constituent of Indian economy.
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