India's chemical demand likely to jump to USD 1,000 billion by 2040

India's chemical demand likely to jump to USD 1,000 billion by 2040 Coupled with promoters' focus on high profitability and a culture of process innovation, Indian chemical companies generate one of the highest EBITDA per unit of investment in fixed assets. "This is evident from global leadership of multiple Indian firms across segments like agrochemicals, pharma intermediates, dyes and pigments, carbon black etc," said McKinsey's report with title, "India: The next chemicals manufacturing hub." https://ift.tt/CzglnIm