Indian chemical industry occupied which position in term of production in the world?
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Share of industry in national exports is around 11%. In terms of volume, India is the third-largest producer of chemicals in Asia, after China and Japan. Despite its large size and significant GDP contribution, India chemicals industry represents only around 3% of global chemicals.
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The chemical industry of India is a major contributor to the Indian economy, contributing 7% of the country's Gross Domestic Product (GDP). India's chemical industry ranks as sixth largest in world, and third in Asia.
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