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Article: New Report Reveals the Indian Chemical Industry is Growing at an Average Rate of 12.5% Per Year.
- Article from:
- Business Wire
- Article date:
- January 31, 2008
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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c81266) has announced the addition of "Chemical Industry in India" to their offering.
Over the last fifteen years the Indian chemicals industry has graduated from manufacturing principle chemicals in a highly regulated market to being a mature industry in a liberalized economy. Until 1991, India had a closed economy, with the domestic chemical industry enjoying protection in the form of differential import duties on raw materials and finished chemical products. Chemical manufacturing was largely controlled by licensing regulations.
The chemical industry is among the ...