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HAS THE BUSINESS CONFIDENCE DOWN AMONGST CHEMICAL INDUSTRIES

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HAS THE BUSINESS CONFIDENCE DOWN AMONGST CHEMICAL INDUSTRIES

Post  nancon77 on Fri Dec 23, 2011 2:41 am


It is now well recognized that the pace of capacity creation in Indian chemical manufacturing sector have slowed down considerably in recent years.

India is increasingly becoming import destination for several chemicals. Quite a few number of Indian manufacturers have stopped manufacturing of chemicals or refrained from capacity expansion and have started importing the products themselves for marketing them in India using their existing trade channels. This is an alarming signal that should not be ignored.
read more on http://goo.gl/oFJwP

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