Creating The Right Chemistry

With the Indian chemical industry considered an important component of the Indian economy since it accounts for approximately 2 per cent of the country's GDP and 15 per cent of India's manufacturing GDP, Deepak Nitrite, with its successful portfolio of chemicals, finds itself soundly established in this sector

- Deepak Nitrite

Deepak Nitrite is acknowledged as a major manufacturer of chemical intermediates. The company has a diversified portfolio of intermediates that cater to the dyes and pigments, agrochemical, pharmaceuticals, plastics, textiles, paper, and home and personal care segments in India and overseas as well. Deepak Nitrite’s growing portfolio, which contains more than 100 products, consists of 42 per cent basic chemicals and 29 per cent each of fine and specialty chemicals and performance products. The company’s manufacturing units are located at Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra and Hyderabad in Telangana while its research and development facility is located at Nandesari. The company gains around 35 per cent of its revenue from exports.

Industry Overview

The Indian chemical industry is considered as an important component of the Indian economy since it accounts for approximately 2 per cent of the country's GDP and 15 per cent of India's manufacturing GDP. One of the fastest growing industries in the world, currently it is ranked the fourth-largest in Asia and sixth in the world in terms of output after USA, China, Germany, Japan and Korea. The chemical sector in India is broadly classified into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers and fertilisers. One of the shifts in this industry is that the Chinese government has been focusing on environment protection since 2016 and has deepened its regulatory investigations to enhance production safety and moderate environment pollution.