1.

Analyse the role of chemical industries in the Indian economy.

Answer»

Role of chemical industries in the Indian economy : 

(i) It is a fast growing and diversifying industry in India. 

(ii) It contributes approximately 3% of the GDP.

(iii) It is the third largest in Asia and the twelfth largest in the world in term of its size. 

(iv) It comprises both large and small-scale manufacturing units. 

(v) Rapid growth has been recorded in both inorganic and organic sector.



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