Caveats Temper India’s Promise | May 9, 2011 Issue - Vol. 89 Issue 19 | Chemical & Engineering News
 
 
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Volume 89 Issue 19 | pp. 30-31
Issue Date: May 9, 2011

Caveats Temper India’s Promise

Chemical market grows strongly, but country remains a difficult place to do business
Department: Business | Collection: Economy
Keywords: Specialty chemicals, India, Chemspec

On the back of a surging economy, the Indian market for chemicals will enjoy tremendous growth for years to come, according to speakers at the Business Outlook Conference held last month in Mumbai. But unless infrastructure improves and government support for the industry strengthens, chemical producers in India will not benefit fully from the buoyancy of the country’s market.

India has come a long way economically in the past 20 years. According to the

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