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Make in India

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Make in India

‘Make in India’ is a term used by us on multiple fronts whether it comes to acquiring and sourcing chemicals and raw materials, producing world class chemicals and leather products and packaging methods along with shipping to various states of India or around the world. We believe truly in the message of ‘Make in India’ as we have indigenous methods of production when it comes to development, research or product creation.

We believe in the governments push to create reforms for the development of chemicals and as a company Esters and Solvents LLP strive to create the right mix and products for your consumption.

Quick stats

  • Seventh largest producer of chemicals worldwide and third largest producer in Asia. (by output)
  • The estimated size of Indian chemicals sector stands at approximately USD 139 billion.
  • Chemicals sector also acts as a key enabling industry and provides support for variety of other sectors like agriculture, textiles, leather etc.

Reason to Invest

  • The chemicals industry is a key constituent of the Indian economy, accounting for about 1.38% of the nation’s GVA (Gross Value Addition) in 2013-14.
  • India’s proximity to the Middle East, the world’s source of petrochemicals feedstock, makes for economies of scale.
  • Strong government support for R&D.
  • Polymers and agro-chemicals industries in India present immense growth opportunities.
  • 100% FDI permitted through automatic route also chemicals sector is delicensed except for few hazardous chemicals.
  • Polymer demand is expected to grow by 8-10% with healthy growth in industries such as clothing, automobiles etc.
  • Chemicals is one of the most diversified in the world, covering more than 70,000 commercial products.

Growth Drivers

  • A global shift towards Asia as the World’s chemicals manufacturing hub.
  • India’s per capita consumption of chemicals in India is lower as compared to western countries, which provides immense scope and opportunities for new investments.
  • Rise in GDP and purchasing power generates huge growth potential for the domestic market.
  • A focus on new segments such as specialty and knowledge chemicals.
  • Globally cost competitive manufacturing.
  • Availability of Skilled professionals with requisite technical knowledge including World-class engineering and strong R&D facilities.