Role of chemical industries in the Indian economy :
(i) It is a fast growing and diversifying industry in India.
(ii) It contributes approximately 3% of the GDP.
(iii) It is the third largest in Asia and the twelfth largest in the world in term of its size.
(iv) It comprises both large and small-scale manufacturing units.
(v) Rapid growth has been recorded in both inorganic and organic sector.
