The chemical processing equipment market in India is on the horizon of robust growth, with major contributing factors of increasing industrialization, expanding end user industries and a thrust towards green practices. India is one of the fastest growing economies in the world and witnessing increasing demand for chemical products from pharmaceuticals to agrochemicals, creating demand for efficient processing equipment. Make in India and other such measures to promote manufacturing sector are also helping market to grow. A favourable regulatory environment has prompted both domestic and foreign players to set up manufacturing bases in the country, driven in part by investments in infrastructure. In addition to making advanced chemical processing equipment available, technology and design have been spawned.
In addition, manufacturers are being motivated to adopt advanced equipment, which involves minimal waste and energy consumption in an increasingly green chemistry and environmentally friendly process. Rising environmental regulations bolstering the trend and the growing awareness of sustainability among consumers and businesses alike are what support this trend. In particular, the pharmaceutical sector, with vaccines, generics, and specialty drugs, is a major contributor to chemical processing equipment growth. As biopharmaceuticals continue to rise, sophisticated equipment is needed to meet the increased levels of advanced processing technologies.
In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
We welcome your feedbacks and suggestion that you may have concerning this special issue.
