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Statistics, news & updates: everything you need to know about the Chemical Industry in India
India’s chemicals sector is the 6th largest in the world and has witnessed strong growth momentum over the last couple of years. Following global supply-chain disruptions and the government’s lockdown measures to restrict the spread of COVID-19, Indian capital markets experienced a significant decline in business. Even before COVID-19, global chemical manufacturing operations had already increasingly relocated to India from China, which will only continue after COVID-19 as more companies evaluate alternative supply chain solutions.
A decline in crude oil prices since the beginning of this year will also have a significant impact on raw material pricing from a short-term to medium-term perspective. Sectors like Specialty Chemicals, Agrochemicals, and Pharma Intermediates will have limited impact given their essential nature.
Key Players in India
Strong support in recruitment
M+V is very professional in India HR market. They were able to provide us with strong support in our recruitment. We are satisfied with their service.
With the incubation solution from Maier + Vidorno , we successfully placed our products in the Indian market and established valuable product market presence, which we can now build on further with our subsidiary
BIS registration project
The BIS registration project went smooth and efficient. We are very satisfied with the way the documentation, communication and inspection on-site was handled from the Maier+ Vidorno Team. We are happy to recommend working with M+V in India - with the expert's advice you will need.
India has great investment potential for foreign companies if you manage the highly complex business environment professionally. Our experience shows - Maier+Vidorno is a competent partner to efficiently set up and run business.
Market Presence and Profitability
The cooperation of JUMO and Maier+Vidorno is a success story in India since 2008. Our sales, market presence and profitability in India shows constant growth. M+V knows about the challenges foreign companies face while doing business in India - and provides hands-on solutions.
Business Diagnostic and Implement Improvement
Maier+Vidorno understands business challenges in the Indian business environment and provides solutions with the help of its experts. M+V has experience in running business diagnostics and implement improvement and expansion strategies in various industries in India.