Indian Journal of Public Health Research & Development
  • Year: 2019
  • Volume: 10
  • Issue: 11

The Economic Impact of FDI in Indian Chemicals Sector

1Professor, Department of Economics, VISTAS

2Assistant Professors, Department of Economics, VISTAS

*Corresponding Author: S. Chandrachud, Professor, Department of Economics, VISTAS, e-mail: prof.chandrachud@gmail.com

Online published on 27 March, 2020.

Abstract

With the increasing demand for the chemical products in global scenario, India has witnessed the significant growth in both chemical and petrochemical sector in the past decade. The increased flow of Foreign Direct Investment in the Chemical Industry in India has helped in the development, expansion and growth of the industry. The current study throws light on the economic impact of Foreign Direct Investment in Chemical and Petro-chemical industry. Chapter 1 exposes the current position of Indian Chemical Industries. Chapter two enlists the review of literature. Chapter three narrates the sector policy of Chemical industry. Chapter four analyses the Economic impact of FDI in Indian Chemicals Sector through SWOT analysis. Chapter five portrays the future scope of Chemical Industry. The last chapter concludes with imperative economic effects of FDI in chemical and petro-chemical industries.

Keywords

Chemical industry, SWOT, FDI, Economic growth, PCPIR, Petrochemical