Chemical Industry

Covering more than 80,000 commercial products, India’s chemical industry is extremely diversified and can be broadly classified into bulk chemicals, specialty chemicals, agrochemicals, petrochemicals, polymers, and fertilisers. India is the 6th largest producer of chemicals in the world and 3rd in Asia, contributing 7% to India’s GDP. The Indian chemical industry is currently valued at US$ 220 billion and is expected to reach US$ 300 billion by 2030 and US$ 1 trillion by 2040. This industry remains an active hub of opportunities, even in an environment of global uncertainty.

Globally, India is the fourth-largest producer of agrochemicals after the United States, Japan and China. India accounts for 16-18% of the world's production of dyestuffs and dye intermediates. From April-May 2024, the export of agrochemicals was US$ 661.18 million, dyes were US$ 379.61 million and the other dye intermediates were US$ 27.87 million. Indian colourants industry has emerged as a key player with a global market share of ~15%.

Where Can We Support The Industry

Enhancing Safety Protocols

Optimizing Distribution Networks

Regulatory Compliance

Cost Management

Demand Forecasting

Real-Time Monitoring

Sustainability Initiatives

By addressing these areas, supply chain consultants help chemical companies achieve greater efficiency, safety, and compliance, ultimately enhancing overall performance and competitiveness.

Oil & Gas

in India

Role of Supply Chain

Supply chain management is essential in the oil, gas, and cryogenic industries in India. It optimizes upstream operations, midstream logistics, and downstream distribution, ensuring the efficient and safe movement of resources. Effective SCM handles the complexities of transporting cryogenic liquids and mitigates risks from market volatility and regulations. Additionally, it incorporates sustainable practices to reduce emissions and optimize resource use. Overall, SCM enhances efficiency, safety, and performance across these industries.

The Indian oil and gas industry is poised for significant growth, driven by increasing demand for petroleum products and expanding natural gas pipeline capacities. The sector has rebounded to pre-pandemic levels after disruptions caused by COVID-19. With the government's supportive policies, including 100% foreign direct investment (FDI) in many segments, the industry is attracting both domestic and foreign investments.

Technological advancements and sustainability initiatives are also playing a crucial role in shaping the future of the industry. The downstream sector, in particular, isexpected to witness substantialgrowthdueto rising energy demands. Additionally, the cryogenic liquid and gas segment is expanding, driven by the increasing use of liquefied gases in sectors like healthcare,industrialmanufacturing, and energy. Overall, the Indian oil and gas sector is evolving with increased stability, resilience, and competitiveness on the global stage

Where Can we Support as Supply Chain Consultants

Enhancing Safety Protocols

Optimizing Supply Chain Processes

Improving Risk Management

Ensuring Regulatory Compliance

Implementing Advanced Technologies

Promoting Sustainability

Facilitating Strategic Partnerships

By leveraging their expertise, supply chain consultants can significantly enhance operational efficiency, safety, and sustainability in the oil, gas, and cryogenic industries.

Iron & Steel Industry

in India

Role of Supply Chain Management in Steel Industry

Supply chain management (SCM) is crucial in the steel industry for cost efficiency, inventory management, and quality control. It ensures smooth production scheduling, risk mitigation, and sustainability. Effective SCM also enhances customer satisfaction by ensuring timely delivery of high-quality products. Overall, SCM is essential for the steel industry's operational efficiency and competitiveness.

One of the primary forces behind industrialization has been the use of metals. Steel has traditionally occupied a top spot among metals. Steel production and consumption are frequently seen as measures of a country's economic development. because it is both a raw material and an intermediary product. Steel sector has always been at the forefront of industrial progress and that it is the foundation of any economy. The Indian steel industry is classified into three categories - major producers, main producers, and secondary producers.

India is the world’s second-largest producer of crude steel, finished steel production of in FY23.

India’s domestic steel demand is estimated to grow by 9-10% in FY25 as per ICRA.

India’s steel production is estimated to grow 4-7% to 123-127 MT in FY24.

According to a Deloitte the demand for steel in India is projected to grow within a range from 5% to 7.3%.

Where Can we Support as Supply Chain Consultants

Enhancing Inventory Management

Optimizing Procurement

Improving Logistics

Risk Mitigation

Quality Assurance

Promoting Sustainability

Cost Reduction

Boosting Customer Satisfaction

Implementing Advanced Technologies

Ensuring Safety

By leveraging their expertise, supply chain consultants help steel manufacturers achieve operational excellence, cost efficiency, safety, and a competitive edge