date:Nov 28, 2012
fferent is the Indian market compared to other key markets over the world?
Ranshinge: The industry is increasingly moving eastwards in line with the shift of its key consumer industries (e.g. automotive, electronics, etc.) to leverage greater manufacturing competitiveness of emerging Asian economies and to serve the increasing local demand. This has led to share of Asia in the global chemical industry increasing from 31% in 1999 to 45% in 2009.
With Asias growing contribution to the global ch