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The ‘IndiaChem Gujarat 2009' industry report jointly prepared by FICCI and Tata Strategic Management Group was released on 12th December 2009 at Ahmedabad, Gujarat.

The report provides an overview of the Indian specialty chemicals industry and highlights market size and growth, demand-supply scenario, key industry trends (market, technological and regulatory) and future outlook. The key segments featured in the report include agrochemicals, colourants and other segments like active pharmaceutical ingredients (APIs), water treatment chemicals, personal care ingredients, construction chemicals and polymer additives. It puts forth interesting insights on how these segments will evolve in the future and the opportunities and challenges which this will throw up. Some of the key points made in the report include the following:

-  The growth slowdown, demand contraction and subsequent recovery over the last year or so have not impacted the long-term growth prospects of the specialty chemicals industry

-  Specialty and knowledge chemicals together could grow at ~14%-15% p.a. over the next few years

-  Gujarat is a hub of chemical production in India and the chemical and petrochemical industry is expected to continue its growth momentum

The report also includes a separate section on recent related thought notes published by Tata Strategic. This section provides key insights on contemporary trends and issues related to Indian specialty chemicals industry.

The IndiaChem Gujarat 2009 report can be downloaded from the following link: IndiaChem Gujarat 2009.pdf (2.56MB)