High import dependency hits Indian chemical sector – 15 Nov 2021

The Indian chemical sector has a high import dependency.

Get a list of 17 key chemicals where the dependency is more than 60 per cent

Due to the power crisis in China and resultant rationing of power for industrial sector, the Indian chemical industry has been impacted in the near term

Margins are under quite a bit of pressure for Indian companies as a result

High freight costs have also resulted in higher cost for several imported chemicals

Find out a very exhaustive analysis of these factors