Introduction

The Indian chemical industry mainly produces basic chemicals, knowledge type chemicals, and
specialty type chemicals. It is one of the significant contributors to India's manufacturing
sector. It accounts for 7% Gross domestic product of India. The chemical industry's value in
India was estimated at 100 billion dollars and employs nearly 5 million people. India is the sixth-
largest producer of chemicals globally and the third-largest in India.

Government support

 In June 2021, the Rubber Skill Development Council (RSDC) announced that it is expanding its
vertical to cover the chemicals and petrochemicals sectors and will be now known by the name Rubber,
Chemical, Petrochemical Skill Development Council (RCPSDC). The council will implement skill
training programs in chemicals and petrochemicals verticals for the youth across the country.
 Under the Union Budget 2021-22, the government allocated Rs. 233.14 crore (US$ 32.2 million) to the
Department of Chemicals and Petrochemicals.
 The Government of India is considering launching a production-linked incentive (PLI) scheme in the
chemical sector to boost domestic manufacturing and exports.

Key players

Key Players

Aarti Ind
Clean Science
Gujarat Fluoro
12% Atul
35% 10%
10% Navin Fluorine
4%6% 9% Vinati Organics
7% 7% Alkyl Amines
Laxmi Organic
others