1. CHEMICAL INDUSTRY

2. EVOLUTION The chemical industry is one of the oldest domestic industries in India The chemical industry is one of the oldest domestic industries in India The Indian agrochemical, petrochemical, and pharmaceutical industries are some of the fastest growing sectors in the economy estimated worth of $28 billion The Indian agrochemical, petrochemical, and pharmaceutical industries are some of the fastest growing sectors in the economy estimated worth of $28 billion The Department of Chemicals & Petro- Chemicals, which has been part of the Ministry of Chemicals and Fertilizers since 1991, The Department of Chemicals & Petro- Chemicals, which has been part of the Ministry of Chemicals and Fertilizers since 1991,

3. Key players 1. RIL Industries Ltd., Mumbai (RIL) 2. Indian Petrochemicals Ltd., Mumbai (IPCL) 3. NOCIL, Mumbai 4. Gas Authority of India Ltd., Delhi (GAIL) 5. Haldia Petrochemicals, Calcutta

4. Key Success Factors Focus on exports as supply will exceed demand Focus on exports as supply will exceed demand Building world size plants using latest technology to achieve economies of scale Building world size plants using latest technology to achieve economies of scale Gap in demand & supply of synthetic rubber and detergents which needs to be addressed. Gap in demand & supply of synthetic rubber and detergents which needs to be addressed.

5. Synthetic Fibre- Basic raw material for the textile industry Synthetic Fibre- Basic raw material for the textile industry Major Players - RIL, Indo Rama Synthetics, Raymond Synthetics Major Players - RIL, Indo Rama Synthetics, Raymond Synthetics Synthetic Rubber-used for manufacture of tyres, automotive tubes & footwear Synthetic Rubber-used for manufacture of tyres, automotive tubes & footwear Major Players – IPCL, Synthetic and Chemicals Ltd. Major Players – IPCL, Synthetic and Chemicals Ltd.

6. Polymers - Essentially plastic raw materials Polymers - Essentially plastic raw materials Major players - RIL, IPCL and Oswal Major players - RIL, IPCL and Oswal

7. MAJOR TRENDS Global growth in 2005 was only 2.7% compared with 4.7% in the previous year Global growth in 2005 was only 2.7% compared with 4.7% in the previous year The ongoing wild fluctuations in the crude oil prices. The ongoing wild fluctuations in the crude oil prices. Severe obstacles like absence of infrastructure, high power tariffs, scarcity of capital and low investment in R&D. Severe obstacles like absence of infrastructure, high power tariffs, scarcity of capital and low investment in R&D.

8. A strong global opportunity in the export of dyes, pharmaceuticals and agrochemicals A strong global opportunity in the export of dyes, pharmaceuticals and agrochemicals Investment opportunity of over $75 billion in the next 10 years Investment opportunity of over $75 billion in the next 10 years