IHS Chemical Week

Chemical Week Magazine :: Other

India

10:07 AM MDT | July 30, 2007 | Natasha Alperowicz

Chemical Growth Outstrips GDP India’s population has grown as large as that of China, and India is exhibiting similar growth rates to China in GDP and chemicals. India’s GDP in the fiscal year ended March 31, 2006 was 8%, and is forecast to accelerate to about 9% in 2006-07. “A 9% GDP growth is feasible due to several economic indicators, which are bullish,” says Zerxes F. Lashkari, founder and president of YezPer Consultants (Mumbai). “The manufacturing sector has been growing quarter on quarter, and the stock market has been...

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