Chemical Industries: Has A Growing Influence In The Field Of Bulk Drug Manufacturing
The chemical s one of the oldest domestic industries in India
, contributing decidedly to both the industrial and economic growth of the country since it got independence in 1947. This industry currently produces about 70,000 commercial products and other products varying from cosmetics and plastic, to plastics and pesticides.
The Indian agrochemical, petrochemical, and pharmaceutical industries are some of the fastest growing sectors in the economy. With a predictable account of $28 billion, it accounts for 13 per cent of the country's total industrial manufacture and 16.2 per cent of the absolute exports from the Indian manufacturing sector. In the chemical industry we have various different types of chemicals and dyes which are required for diverse industrial companies, pharmaceutical industries. These dyes and chemicals can be named as
Antibacterial Drugs, Antiviral Agents, Lipotropic Drugs, Analgesic Drugs, Anthelmintic Drugs, Antibacterial Drugs, Antiviral Agents, Antiviral Drugs, Bronchodilator Drugs, Drug Intermediates, Lipotropic Drugs, Nutraceuticals and many more.
With a proper focus on modernization, the Indian government took an active and vigorous action in promoting and advancing the domestic chemical industry of the country. According to a report, the strengthening of the green movement and the growing protests against the
environmental pollution in several Western countries accommodate as a befalling to India to appear as an arresting player in the all-around dye market.
Certain features are to be taken into consideration like:
1. Focus on exports as supply will surplus demand.
2. Building world size plants with the use of latest technology to accomplish economies of scale
3. Per capita burning is one of the everyman in the globe and there therefore, accordingly it is to focus on accomplishing this annoyed demand.
4. The gap of demand and supply ratio of constructed elastic and detergents and this needs to be addressed first.
The growth of global chemical production (excluding pharmaceuticals) slowed down considerably since the beginning of the year. All-around growth in 2005, was 2.7 per cent only as compared to 4.7 per cent in the antecedent year. High activity costs influence the chemical industry and its consumer sectors.
In the Indian pharmaceutical industry, various chemicals and dyes are used to prepare medicines and antivirals and other medicines required for the treatment of various diseases. A wide of range of Antibacterial Drugs are also manufactured in the medical industry with different types of chemicals.
by: Vikram Shah
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Chemical Industries: Has A Growing Influence In The Field Of Bulk Drug Manufacturing Anaheim