IMCD group is very enthusiastic on the India and China markets
date:Nov 28, 2012
d above. However in an optimistic scenario, the end-use demand would be high due to increasing per capita consumption, improved export competitiveness and resultant growth impact for each sub-sector of the chemical industry which could lead to an overall growth rate of over 15% p.a. and a size of $290 billion by 2015. This has a potential for further upside in the future considering Indias increasing competitiveness in manufacturing.
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