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Chemicals exports reach $ 9.76 billion in Apr-Dec 2017

The industry has shown tremendous resilience in adverse global conditions, says Nirmala Sitharaman

Nirmala Sitharaman at the CHEMEXCIL export award function in Mumbai
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Nirmala Sitharaman at the CHEMEXCIL export award function in Mumbai

BS B2B Bureau Mumbai
In a year that could go down as one of the worst in global trade, the chemicals exports from India in 2015-16 went up by 7.5 percent in volume terms. In the current year (April 2016 – Jan 2017), the exports have grown by 1.5 percent in value and 7.59 percent volume terms. The impact of the steps initiated by the governments will be visible in the current financial year onwards, said Nirmala Sitharaman, Minister for Commerce and Industry, at the CHEMEXCIL export award function in Mumbai on Saturday.

India is the sixth largest chemicals producer in the world and the