Chemical industries are not just limited to one sphere but also spread across agriculture, food, defence, electronic goods, and the environment. Indian chemical industry is the sixth-largest in the world and third in Asia. India produces some chemical products like petrochemicals, fertilizers, paints, glass, varnishes, pharmaceuticals, etc. As of 2018 statistics, Gujarat was the largest state contributor to the Indian chemical industry.
Here is the list of the top 10 Chemical Companies in India.
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Aarti Industries Ltd
Aarti Industries Ltd is one of the leading chemical manufacturing companies based in Mumbai, Maharashtra, India. The company was established in 1975. Being the fifth largest chemical manufacture, it produces pharmaceuticals, pigments, agrochemicals, dyes, polymers, additives, etc. It spreads across the USA, Japan, and India. The industry is one of the leading suppliers to global manufacturers. Some of the notable process done here are hydrogenation, nitration, ammonolysis, alkylation, sulphonation, etc. Its pharmaceutical division manufactures key Pharma intermediates and active pharmaceutical intermediates. With revenue of Rs 4401 Cr, their focus is on high-quality products and services.
Tata Chemicals Ltd
Tata Chemical is another largest chemical companies operating in India, Europe, North America, and Africa. The company was founded in 1938 in Gujarat. It’s a part of the Tata group. The company brings quality with expertise in the field. Their business spread across two categories – introductory chemistry and specialty chemistry. Headquartered in Mumbai, it produces various ranges of products like chemicals, fertilizers, industrial fishing products, etc. Soda ash, bicarbonate, chlorine, gypsum, etc. fall in the category of Basic chemistry. Nutritional science is the fruit of Specialty chemistry. Tata Chemicals is considered the 3rd largest Soda ash manufacturer and 6th largest sodium bi-carbonate manufacturer globally.
Pidilite Industries Ltd
We are all aware of the names like Fevicol, FeviKwik, Dr. Fixit. Yeah, the Pidilite industry is behind making them. It is mainly popular in making adhesive or glue-sticks, though it makes a diverse range of products like industrial resins, sealants, polymers, etc. Founded in 1959, the company sells art materials, construction chemicals, and other industrial chemicals also. Based in India, the company exports its products to over 40 countries around the whole world. Being a consumer-centric company, they are committed to quality and innovation. Its head office is in Mumbai.
Gujarat Alkalies and Chemicals Ltd
Gujarat Alkalies and Chemicals Ltd or popularly known as GACL is one of the top 10 chemical manufacturing companies which was founded in 1973. They started with an initial capacity of 37,425 TPA but have become one of India’s largest producers with a capacity of 4, 29, 050 TPA. Their motto states that they are eager to promote green technology to reduce pollution. Being a core promoter, the company is owned by the government of Gujarat. It produces a diverse range of products like Caustic Soda, Hydrogen Gas, Chlorine, Sodium Cyanide, Hydrochloric Acid, and many.
Atul Ltd was formerly known as Atul Products, which was established in 1947. The company is also known as the first private sector industry. Serving across the world, Atul has established its subsidiary companies in the USA, UK, China, Brazil, and the UAE. Being ISO 14001 certified, the company produces products in two segments – life science chemicals and performance. It is considered as one of the greenest chemical complexes in the world. It’s a part of the Lalbhai Group.
BASF India Ltd
An old German-based company that made its flagship company in India was established in 1865. Their chemical segment produces products like crude oil, crop technology, natural gas, plastics, chemicals, etc. The company works in the energy and resources category also. They produce other products like thermoplastics, foams, and urethane. Being one of the top 10 chemical companies, BASF is listed in London, Zurich, and Frankfurt stock exchange. It is considered as the second-largest chemical producer in the world.
Coromandel International Ltd
Being a part of Murugappa Group, Coromandel International Ltd was founded in 1960. It was previously known as Coromandel Fertilisers. They produce fertilisers, pesticides, and specialty nutrients. Coromandel is considered as India’s second-largest Phosphatic fertilizer player. The company has ventured into the rural retail business Andhra Pradesh, Karnataka, and Maharashtra. Its headquarter is situated in Hyderabad, Telangana. There is a range of specialty nutrient products Coromandel has introduced. Acquiring Rs 12, 906 Cr, the company was listed as the top 20 best companies to work for by Business Today and was ranked one of the top 10 greenest companies in India by TERI.
GHCL Ltd is one of India’s big manufacturing companies, whether in the chemical section or textile or consumer products. The company was established in 1983. GHCL is a big name in making Soda Ash Light, Soda Ash Dense, and Sodium Bicarbonate. Located in Sutrapada, Gujarat, their annual production capacity is 1.1 million tonnes per annum. Have you heard about the name “LION”? Yes, they market their products in India by this name. Two famous mines, Khadsaliya lignite mines, and Limestone mines are located in Gujarat. The company prevails over others due to its raw material sources.
UPL Ltd business is spread across agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals. It’s a multinational company which offers crop protection solutions also. The company, formerly known as United Phosphorus Limited, was founded in the year 1969. Its headquarter is situated in Mumbai, Maharashtra. Being the 5th largest agrochemical company, UPL focuses on agricultural value growth and progress, including growers, distributors, suppliers, and innovation partners. The company produces insecticides, fungicides, herbicides, rodenticides, and others. UPL products have been sold to 150+ countries.
P I Industries Ltd
P I industry was founded in 1946 by the name of Mewar Oil and General Mills, which is engaged in manufacturing and distribution in agrochemicals. They produce products like insecticides, fungicides, and herbicides. Being stamped as the seventh-largest top chemical industry in India, the company manufactures agrochemicals, plant nutrients and plant protection, specialty fertilizers, and hybrid seeds. P I industry is known for its technological capabilities in chemistry and has built a pioneering company over the 75 years.
Textile business in India has been a profitable business for over the centuries. Whenever …