Indian Speciality Chemical Industry

Last Updated on 29 April 2020
Supply disruption in China’s specialty chemical industry began in the aftermath of anti-pollution measures that the country took over the last four to five years. The specialty chemical companies in India are now accelerating their capex plan, driven by strong growth visibility and emerging opportunities. India poses the competitive advantage of having skilled labor at a lower cost. At the same time, the Indian government’s policy push is also helping the sector. Recently, coronavirus accelerated the disruption of China's specialty chemical industry, giving an edge to India.

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