Analyse the role of chemical industries in the Indian economy

CBSE Class 10 CBSE Class 10 Social Science
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1

Analyse the role of chemical industries in the Indian economy.

2

Role of chemical industries in the Indian Economy:

  • The chemical industry in India is fast growing and diversifying. It contributes approximately 3 percent of GDP.
  • It is the third largest in Asia.
  • It occupies the twelfth place in the world.
  • It comprises both large and small scale manufacturing units.
  • Rapid growth has been recorded in both organic and inorganic sectors.
  • In organic chemicals include sulphuric acid, nitric acid, alkalies soda and caustic soda.
  • These industries are widely spread over the country.