Q. 65.0( 4 Votes )

Explain some characteristics of the chemical industry of India.

Answer :

India is the 12th largest producer of chemicals in the world and ranks third in Asia.

Characteristics of chemical industry of India:

1. It is a fast-growing industry. It contributes approximately 3 percent of total GDP.

2. It is its own largest consumer and is diversified in use and production.

3. It comprises both large and small-scale manufacturing units, and both have recorded rapid growth.

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