Chemical Industry has become the fastest growing industry in our country and today occupies a very important position in the national economy. It ranks fourth after Iron & Steel, Engineering & Textiles.

There is going to be a further tremendous growth of chemical industry in the coming two decades. The basic inorganic and organic chemicals produced in the industry provide the basic building blocks for several downstream industries such as Drugs, Dyestuffs, Synthetic Rubber, Plastics, Pesticides, Polyesters, Paints, Petrochemicals, detergents, Fertilizers etc. With the growth of petrochemical industry and the growing demand for modern chemicals, drugs and pharmaceuticals, the industry's future indeed looks very bright. Today, India manufactures a wide range of Petrochemicals, organic and inorganic chemicals in large quantities. The products manufactured include Methanol, Benzene, Propylene, Ethylene, Butadiene which are the building blocks for industrial development.