India Aims for a $100-Billion/year Chemical Industry by 2015

The Indian chemical industry, which currently has sales of $40 billion/year, aims to become a $100-billion/year industry by 2015, says Ram Vilas Paswan, Indian minister for chemicals, fertilizers, and steel. Paswan was speaking at the IndiaChem 2008 conference, which began in Mumbai today. IndiaChem is jointly organized by the government of India’s department of chemicals and petrochemicals, department of pharmaceuticals, and by the Federation of Indian Chambers of Commerce and Industry (FICCI; New Delhi). The chemical sector in India accounts for nearly...

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