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Basic chemicals and their related products (petrochemicals, fertilizers, paints, varnishes, glass, perfumes, toiletries, pharmaceuticals, etc.) constitute a significant part of the Indian economy. Among the most diversified industrial sectors, chemicals cover an array of more than 70,000 commercial products.

In April-December 2017, total Foreign Direct Investments (FDI) in chemicals (excluding fertilizers) stood at US$ 1,137 million whereas cumulative FDI till December 2017 from April 2000 was US$ 14.430 billion.

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