Opportunities For Indian Chemicals | Vinati Saraf Mutreja To ET NOW
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Specialty chemicals will see a golden period in the future. Currently, over 70% of the raw materials required for pharmaceuticals comes from China. However, there will be a positive shift towards India in chemical manufacturing. Industry will need a lot of support from the government on export incentives, infrastructure since Indian companies lack in R&D & coming up with their own processes for manufacturing. Vinati Organics’ main factory running at 100%, second facility running at 70% capacity. The chemical industry given essential services permits, labour is the bigger challenge. The company is planning to revise the growth outlook from 25% to 15%, says Vinati Saraf Mutreja, Vinati Organics Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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