ABSTRACT

Chemical industry is one of the oldest industries in India with an estimated size of around US$30 billion. India is the third-largest producer of chemical in Asia and the twelfth-largest producer in the world. The industry, comprising both small scale and large units (including MNCs) produces several thousands of products and by-products, ranging from plastics and petro-chemicals to cosmetics and toiletries. It contributes about 13% share in the manufacturing sector and around 5% in total exports of the country.