Home / Knowledge / News / Textiles / Indian specialty chemicals sector to grow by 14%
Indian specialty chemicals sector to grow by 14%
14
Sep '12
India’s speciality chemicals industry, a key catalyst to growth of the chemicals industry, is seen posting a 13-14 percent growth this year, Union Chemicals and Petrochemicals Secretary Jose Cyriac has said.
 
The US$ 17.7 billion Indian specialty chemicals industry is expected to be worth US$ 80-100 billion by 2020, Mr. Cyriac said, while speaking at the second edition of Informex India.
 
Stating of research and development to be imperative for development of the specialty chemicals industry in the country, the Union Secretary said with its pool of talented scientists and experts India is a perfect destination for the industry.
 
The three-day event, Informex India 2012, is tagged as a confluence of companies that invest in R&D, applications development, quality systems and more.
 
The event is organized in India by organizers of world-famous Informex USA, and it serves as an ideal meeting space for buyers and sellers of chemical manufacturing space.
 
Kishore Shah, President of Indian Specialty Chemicals Manufacturers’ Association said the event would bring more business opportunities to the Indian industry.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X