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India: Chemicals M&A Scenario to Remain Busy over Next few Years

India is a key destination for chemicals such as phenol, DAP, and acrylonitrile. It is also an important source of dye intermediates and dyestuff. The third-largest economy in Asia is expected to register a healthy growth in GDP, accentuating the attractiveness of the Indian chemicals industry for foreign buyers. This will consequently lead to a busy M&A scenario in the Indian chemical sector through the remainder of the decade.

The Indian Chemical Council has pegged chemical sales to hit US $ 150 billion in 2015. Companies— both domestic and international— are more willing to pump in investment into the Indian market in the backdrop of the new government where 100 per cent FDI has been approved in the chemicals sector.

* The author is Manager – Content Writing Transparency Market Researchy

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