With demand in India bettering as companies return to pre-Covid-19 ranges, beneficial authorities insurance policies, and an enormous export alternative, consultants say the Indian specialty chemical substances trade is in a candy spot to develop at a wholesome double-digit charge over the medium time period. “We count on the trade to develop on a compound annual charge of 12 per cent and attain $65 billion by FY25, from the present $32 billion,” mentioned Mitesh Shah, analysis analyst, ICICI Securities.
Regardless of good good points previously 12 months, there may be room for upside in specialty chemical substances shares. For a number of years, China …
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First Printed: Solar, February 14 2021. 19:46 IST