IAS (Admin.) Mains Geography Industry- India-New Industrial Policies Study Material (Page 18 of 32)
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Chemical Industry: Soaps and Detergents Industry, Prospects of Chemical Industry
Soaps and Detergents Industry
This industry started developing after World War I and as of 2016, has revenue of $ 17 billion. Eighty-eight units are manufacturing 705,963 ton of soap every year. Of these, 33 units manufacture synthetic detergents with a total installed capacity of 605,000 ton per year. Market is growing at 7% a year. Incremental demand is thus 5% above the population growth.
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Pharmaceutical Industry: Indian Pharmaceutical Industry, Indian Pharmaceutical Companies
In India, pharmaceutical industries were set up post-independence. Before independence, drugs were imported and only processing and formulation was done in India. Major progress has been made in last 40 years with growth rate of around 10% per annum. Today, India meets 70% of domestic drug requirements and all requirements of formulations. Pharmaceutical imports are made from UK, USA, West Germany, β¦
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