India's chemical industry is valued at over $180 billion and is the 6th largest globally. It contributes approximately 7% to India's GDP. The industrial chemicals segment includes basic inorganics, alkalis, and acids used across diverse manufacturing sectors.
Major chemical hubs are located in Gujarat (Vapi, Ankleshwar, Bharuch), Maharashtra (Raigad, Thane), and Tamil Nadu (Chennai, Cuddalore). The industry is moving towards specialty chemicals with higher value addition.

/https%3A%2F%2Fofbpublic.s3.ap-southeast-1.amazonaws.com%2Fbapp%2Fbanners%2FHigh-Quality-Chemicals-at-Best-Prices.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Fdownload-buyer-app-1.png)
![[SMM Nickel Sulphate Daily Review] Spot market remains sluggish on Sep 21, nickel sulphate prices edge down](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_d3118f45-e7ef-3532-8aa5-20110731ebd0.jpg)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_db5ec2f5-174c-32fd-97d0-60331f760458.jpg)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_285329d0-73f4-37b2-8002-6f59c649eca9.webp)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_a7b9c46b-5746-36e0-a4f6-b8d55994a426.jpg)
![[SMM Nickel Sulphate Daily Review] On September 22, market transactions were sluggish ahead of the holiday, and nickel sulphate prices declined slightly.](https://d86af0gufpxog.cloudfront.net/unsafe/65x65/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F0f77fe0d-ce53-3d28-bbc7-bb41c95ecf39_1745996243571.png)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_31bad532-5241-3bf2-b6c8-0c02874e9408.webp)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_00222782-fc72-3ed0-a97e-2bfcb595eb72.jpg)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Frupee_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Frocket_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Fearth_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Ffactory_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Fhome_banner_01.png)