Tag: India

How Has Been The Growth Of Chemical Industry In India

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The chemical industry in India is counted among those industries that began working immediately after the countrys independence in 1947. So, it is one of the oldest contributors towards the Indian economy. At present the average annual growth rate of the industry is 12.5 percent.

The Indian chemical industry is divided into a number of segments and each segment has significantly contributed towards the overall growth of the industry. A number of favorable factors have supported the industry well to show desired progress rate. You can learn about these factors and have an overview of the industry as well as exporters and
chemicals importer from the following discussion.

It was till 1991 that India was a closed economy. However, the adoption of liberal policy in 1991 benefited most of the industries, including the chemical industry in India. Since then, the industry has gained recognition in the global economy. Today, it ranks at the 12th position in the world in terms of the production size. Also, the industry contributes 13 percent towards the total export from India at present.

It has been estimated that in few years to come, the industry is going to attain the worth of 100 billion US dollars. To achieve this target, there is need for the improvement in the following areas:
* More number of entrepreneurs is required to steer the industry on the path of expected growth.

* Growth of the overseas sales network to help industrial chemical manufacturers in India to find international buyers.

* Increase in direct employment within the industry.

* Stress on chemical manufacturing knowledge and specialty.

* Improvement in the standards of health and safety.

* Increased use of information technology in the industry.

* And of course, the increase in specialty chemical plants.

The chemical industry in India is divided into various segments. Some of the main segments and their progress statistics are as below:

* Inorganic chemicals constitute one of the major segments of the countrys total chemical production. A growth rate of 9 percent is recorded for the segment that includes alkalis, fertilizers and detergents as main chemicals.

* Drugs and pharmaceuticals are among the most exported chemicals from India. This segment of the Indian chemical industry ranks at 4th position in the world. The growth rate of 8 to 9 percent is recorded by the segment.

* Agro-chemical products include pesticides and fertilizers as the main chemicals in this category. The 10 percent domestic market growth rate is recorded by this segment.

* Dyes and paints segment has a growth rate of about 12 percent. The segment also includes polymers and other related chemicals.

* Petrochemicals in the Indian chemical manufacturing industry have the fastest growth rate of 15 percent.

Considering the growth trends in different sections of the chemical industry in India, one can easily place the industry among major contributors towards the overall growth of the countrys economy. To improve the sales network for the Indian chemicals, the manufacturers and suppliers need to rely upon the online b2b networks. The b2b directories are the places where small and medium sized chemical manufacturing enterprises can gain more benefits.

Dairy Industry Of India

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The dairy industry plays an important role in the socio-economic development of India. The dairy industry in India is instrumental in providing cheap nutritional food to the vast population of India and also generates huge employment opportunities for people in rural places.

The Department of Animal Husbandry, Dairying, and Fisheries, which falls under the central Ministry of Agriculture, is responsible for all the matters relating to dairy development in the country. This department provides advice to the state governments and Union Territories in formulating programmes and policies for dairy development. It also looks after all the matters relating to production and preservation of livestock farms (cattle and sheep). To keep focus on the dairy industry a premier institution known as the National Dairy Development Board was established. This institution is a statutory body that was established in 1987. The main aim to set up the board was to accelerate the pace of dairy development in the country and attract new investments.

India is a wonderland for investors looking for investment opportunities in the dairy industry. The dairy industry holds great potential for investment in India and promises high returns to the investors.

The reasons why the industry has huge potential for attracting new foreign investment are:

1.There is a basic raw material need for the dairy industry; that is, milk is available in abundance.
2.India has a plentiful supply of technically skilled laborers.
3.There is an easy availability of technological infrastructure.
4.India has all the key elements required for a free market system.

There are different sectors within the dairy industry that promise great business investment opportunities:

Biotechnology:
1.The Indian cattle yield less milk as compared to their foreign counterparts. The Indian cattle breeders are on the lookout for ways to improve their milk yield through cross-breeding. Thus, there is a huge potential available for foreign investors to invest in dairy cattle breeding of high-quality buffaloes with hybrid cows.
2.There is also great scope for investment in different dairy cultures, including dairy biologics, enzymes, probiotics, and other coloring materials for food processing.
3.Producing biopreservative ingredients based on dairy fermentation, such as pediococcin, aciophilin, bulgarican, and Nisin contained in dairy powder, also promise great investment opportunity.

Dairy/Food Processing Equipment:
Great potential lies for foreign investment for manufacturing and marketing of cost-effective, top-quality food processing machinery.

Food Packaging Instruments:
There is a tremendous investment opportunity for foreign investors in the manufacturing of both machinery and packaging materials that aid the development of brand loyalty and gives a clear edge in the marketing of dairy products.

Retailing:
Retailing of dairy products also promises great investment opportunities for standardization and upgrading dairy products in the main metropolitan cities.

Manufacture of Ingredients:
Several ingredients are involved in the making of different dairy products like ghee, condensed milk, and cheese. Manufacturing of ingredients for these products offers a great potential for foreign investment in India.

Finished Products:
There is a great scope for investment in the manufacturing of finished dairy products such as cheese sauce and cheese powders.

Technically Advanced Manufacturing Units:
There is a great opportunity for foreign investors to invest in establishing manufacturing units for dairy products. The investors can build world-class manufacturing units and let them for hire. Building manufacturing units supports specialized dairy-related activities, such as cheese slicing, cheese packaging, butter printing, and dicing lines, which hold greater potential over other activities.

Thus, the dairy industry in India has huge investment opportunities in a variety of sectors. The investors are all set to gain profitable returns on their investment.

Asbestos Cement Sheet Industry Sustaining On Rural Demand

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Despite the lull in the real estate sector and the subsequent reduced demand, the asbestos cement sheet industry has managed to record a healthy growth rate of 10-12% per annum.

The slowdown in construction activity has failed to dampen the spirits of SMEs that constitute the bulk of the sector as they continued to receive a steady flow of business.

Experts believe that the high growth rates clocked by the sector have been mainly possible due to the sustained demand in the rural sector, which accounts for over 50% of the market for the asbestos industry.

Succeeding despite odds

Though last year saw a spurt in campaigns against the use of asbestos products in India, SMEs in the industry continued to witness a surge in the demand for their products. Small vendors providing roofing material to the rural population remained relatively unfazed by the adverse effects of the downturn and the campaigns.

Even though the construction sector has taken a hit due to the slowdown, the demand for asbestos products has not been affected. We have continued to see good margins and increased offtake despite worsening economic conditions, said T Sohangpurwala, proprietor of Calcutta Asbestos & Belting Company, a small-sized asbestos supplying firm in Kolkata.

The asbestos industry in India is projected to see a steady demand in the next few years as well. A new report from the Asbestos Cement Products Manufacturers Association (ACPMA), the chief organisation aimed at promoting chrysotile asbestos cement in India, predicts good times ahead for the SMEs in the sector.

Despite campaigns seeking a ban on the use of chrysotile asbestos, the demand for asbestos cement will remain steady as very few products can compete with it in terms of price and durability when it comes toroofing houses, said A Modi, Chairman of India Asbestos Manufacturing Company, a small-sized asbestos cement manufacturing unit in Jaipur. Asbestos is one of the best roofing options in rural India as it costs less than a third of the equivalent quantity of steel sheeting.

Although the outlook of the asbestos cement sheet industry looks positive, small vendors need to exercise prudence at present. They must also ensure that their manufacturing processes are clean to guarantee the safety of their Products.

Foremost Milestones In Pharma Industry

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In India, the pharma industry is about to set a new height and well known in the third world countries as manufacturing pharma products by high volume. This industry is one of the fastest growing industries and helps in raising Indian economy. There are numerous well known pharma companies in India which ensures their existence on a global scale. These pharma companies are known for its best quality products and equipments. These reasons are considered as the key facts behind the developments of the industry which include mature population, modification in disease profile, mounting patent system and socio-economic conditions.

The Pharma companies in India are mostly deals in developing, producing and marketing drugs licensed for used as medications. The Vardhman Pharma in India is one of the renowned organizations which believe in the best quality of medicine and latest technology integrated equipments. The Pharma companies in India are dealing in the wide ranging potential in the complex field of drug manufacture and technology. The Pharma companies in India are indulged in the chemicals, tablets, capsules, orals, bulk drugs, drug intermediates, pharmaceutical formulations and injectibles. They are involved in fulfilling 70% of the countrys demand related to medication & equipments. The pharmaceutical industry in India has low costs of production and innovative scientific manpower which makes it more powerful on global scale.

In India, numbers of well recognized manufacturers are establishing themselves as the market leaders in the pharmaceutical industry. Vardhman Pharmaceutical is one of the most eminent manufacturers of the chemicals, tablets, capsules, orals, bulk drugs, drug intermediates, pharmaceutical formulations and injectibles. These companies are involved in producing and supplying a complete variety of high class refined pharmaceutical formulations. There are various Pharmaceutical Manufacturers which known for their chemical free and entirely a natural product resulting from organic source products. These Pharmaceutical Manufacturers are involved in the high quality manufacturing drugs, critical care products, diagnostic kits, biotechnology products and many more.

Vardhman Pharmaceutical is one of the leading companies in pharma domain in India. Pharmaceutical Manufactures are also highly demanded in foreign countries as well. Pharmaceutical Manufactures are indulged in manufacturing wide range of products which include anthelmintics, oncology, anti-bacterials, cardiovascular drugs, antibiotics, nutritional supplements, anti-ulcerants, anti-asthmatics and corticosteroids. Pharmaceutical Manufacturers also offers other services like quality control, engineering, project appraisal, plant supply, consulting, commissioning and know-how transfer, support and lots more. Due to these Pharma Companies, the future of pharmaceutical industry is looking much growing and attractive. These days, Pharmaceutical Manufacturers are generating high revenue from the overseas markets which helps in reforming overall economic structure of the country.