Indian specialty chemicals industry is currently valued at USD 23 Bn and is expected to grow at ~14% per annum over next decade. The industry is fragmented with around ~500 companies largely dominated by family owned companies. Indian chemical companies have strong domestic presence, products with unique value proposition and an established distribution network. To make the most of the opportunity, global companies need to grow their business in India through proactive M&A say Manish Panchal, Charu Kapoor, and Binay Agrawal of Tata Strategic Management Group.
展开▼