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| Home » Snapshots » Chemicals & Petrochemicals |
 Chemicals & Petrochemicals |
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| Chemicals & Petrochemicals |
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| Gujarat - The "Petro - Capital" of the Country |
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| Gujarat’s chemicals and petrochemicals industry is one of the fastest growing sectors in the State’s economy. The industry offers a wide spectrum of opportunities for the investors both from India and abroad. The well diversified chemical industry has complete portfolio of chemical products including petrochemicals and downstream products, pharmaceuticals, dyes and intermediates. |
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The chemical industry in Gujarat is a significant component of the State’s economy, contributing to more than 51% of Indian production of major chemicals with revenues at approximately more than INR 12,000 crore. |
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Petrochemical Industry in Gujarat produces 13,048 (‘000 Tonnes) of petrochemical products and also contributes around 62% to the total production of the country. Gujarat contributes 15% of the total national chemical exports |
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Over 770 large and medium scale units and about 310,000 small scale units are present in the State with fixed capital investment of USD 13.51 billion and USD 320 million respectively |
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Bulk of exports in this sector go to markets such as USA, Europe and other developed nations – a clear sign of the global competitiveness |
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With three cracker complexes, Gujarat has a total capacity of 1180 KTA. There is an increase in the capacity build up in the State. |
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31 MoUs & Announcements were signed in Vibrant Gujarat 2007 for projects to be established in the chemical & petrochemical sector with a proposed investment INR 13,412 crore |
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