Question

Analyse Role Of Chemical Industries In Indian Economy?

Answer 1

Answer

➢ It contributes approximately 3% of the GDP.

➢ It is the 3rd largest in Asia and occupies the 12th place in the world.

➢ It compromises both large and small scale manufacturing units.

➢ Rapid growth has been recorded in both inorganic and organic sector.

➢ Organic chemicals include petrochemicals which are used for manufacturing of synthetic fibers, rubber, plastics, and dye stuffs.

➢ Inorganic chemicals include sulphuric acid, fertilizers, synthetic fibers, plastics, adhesives, paints, etc.

➢ The chemical industry is its own largest consumer.

Answer 2

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