The chemical industry in India lays the foundation of the agricultural and industrial development of the country. The basic needs of our day-to-day life are met by the products manufactured using chemicals as the primary raw material.
The top 10 chemical companies in India within the chemical industry have immensely improved the standard of living. From agriculture to food, hygiene, medicines, and transportation, the chemical industry has touched every aspect of our life. The chemical industry has boosted the economic success of India.
Indian Chemical Industry and the Top 10 Chemical Companies in India
The chemical sector of India forms a huge part of the Indian industries. There are numerous small and large scale chemical companies in India that manufacture over 80,000 commercial products. Production of a wide range of chemicals covering agrochemicals, fertilizers, polymers, specialty chemicals, petrochemicals, and bulk chemicals takes place in these top chemical companies in India.
The chemical companies in India are expected to reach 304 billion USD with about 9% p.a. increase in demand for chemical products by the next 5 years. With top chemical companies in India working diligently, India holds the 14th position in export and 8th position in the import of chemicals worldwide.
List of the Top 10 Chemical Companies in India
This article will focus on the top 10 chemical companies in India that have brought a remarkable transformation in the way everything operates.
Pidilite tops the list of the top 10 chemical companies in India in terms of market capitalization. Pidilite was founded in 1959 by Balvant Parekh with its headquarter in Andheri, Mumbai.
Pidilite manufactures adhesives, industrial, and construction chemicals. Currently owned by Madhukar Parekh, this chemical company in India is most well-known for its product Fevicol. The other popular brands owned by this company are Dr. Fixit, Fevikwik, Fevistick, Hobby Ideas, etc.
Market cap:79206.56 Cr INR
Address: Ramkrishna Mandir Road, Post Box No 17411, Off MathurdasVasanji Road, Andheri East, Mumbai – 400059, Maharashtra, India
Contact:1800 266 6066
Tata Chemicals, a subsidiary of the Tata Group of companies, is the second-largest chemical company in India. With its headquarters in Mumbai, it was founded by J.R.D. Tata in the year 1939. Established in India, this company is present across North America, Europe, and Africa.
Tata Chemicals is well-known for the manufacture of a wide variety of products that include phosphatic and nitrogenous fertilizers, salt, cement, chemicals, and crop nutrients. One of the most popular products of Tata Chemicals is Tata Salt.
Market cap:19,460.83 Cr INR
Address: Bombay House, 24 Homi Mody Street, Fort, Mumbai – 400001, Maharashtra, India
UPL, one of the top chemical companies in India was established in 1969 with its headquarters in Mumbai. Rajnikant Shroff is the current Chairman and Managing Director of this multinational company.
UPL manufactures a range of products from industrial chemicals to agrochemicals like fungicides, pesticides, and herbicides. This company aims at enhancing the agricultural development of the country. The cost-effective crop protection solutions offered by UPL help the farmers to improve farm productivity.
Market cap:41,483.85 Cr INR
Address: UPL House, 610 B/2 Off Western Express Highway, Bandra (E), Mumbai – 400051, Maharashtra, India
Contact information:+91 22 71528000
Solar Industries was founded in the year 1995 by Shri SatyanarayanNandlalNuwal Group. With its headquarters in Nagpur, this leading chemical company has its presence in more than 40 countries across the world. Solar Industries has its units in India as well as Africa.
This company is most well-known for its production of industrial explosives. From detonators to cast boosters, Solar Industries is the largest cartridge producing company in the world.
Market cap:11,607.61 Cr INR
Address: Solar House, 14 Kachimet, Amravati Road, Nagpur – 440023, Maharashtra, India
Gujarat Fluorochemicals Limited is a part of the INOX Group incorporated in the year 1987. With its headquarters in Uttar Pradesh, this company is one of the largest manufacturers of chloromethanes, polytetrafluoroethylene, and refrigerants. Caustic soda, chlorine, and other speciality chemicals are produced by this company.
Market cap:6,539.37 Cr INR
Address: Survey No 16/3 26 & 27, RanjitnagarGhoghamba Taluka, Panch Mahal – 389380, Gujarat, India
Aarti Industries Limited is a chemical company in India established in 1975 with its headquarters in Mumbai. With 16 manufacturing units across India, this company is best known for its production of dimethyl sulfate. Aarti Industries Limited has a range of products including dyes, pigments, pharmaceuticals, and rubber chemicals.
Market cap:17,222.21 Cr INR
Address: Udyog Kshetra, 2nd Floor Mulund Goregaon Link Road, Mulund (West), Mumbai – 400080, Maharashtra, India
Contact information:+91 22 67976666
7. BASF India
BASF India is the Indian subsidiary of BASF, a German multinational chemical company. Established in the year 1865, BASF India holds the leading position among chemical companies in India. The company is currently operated by its Chairperson Jurgen Hambrecht.
With the parent company, BASF, located in Ludwigshafen, Germany, BASF India manufactures a whole range of products including crop solutions, coatings, plastics, chemicals, crude oils, and natural gas.
Market cap:4,248.70 Cr INR
Address:3rd Floor, Shree Sawan Knowledge Park, Plot No. D-507, MIDC, Turbhe, Mumbai – 400705, Maharashtra, India
Contact information:+91 22 67243700/67243800
Linde India is a subsidiary of the German multinational company Linde that specializes in chemical manufacturing. It was incorporated in 1897 by Carl Von Linde with its headquarters in Munich. Linde India is among the largest industrial gas companies in the world.
With its Indian headquarter located in Kolkata, the company is responsible for supplying over 20,000 gases and mixtures.
Market cap:6,191.21 Cr INR
Address: Oxygen House, P 43, Taratala Road, Kolkata – 700088, West Bengal, India
Contact information:+91336602 1600
Gujarat Alkalies and Chemicals Limited (GACL) is a government-owned chemical company established in the year 1973 in Ahmedabad. The integrated manufacturing facilities of this company produce a range of chemicals such as Hydrochloric Acid, Caustic Soda, Phosphoric Acid, Chlorine, Chloromethanes, Hydrogen Peroxide and many more.
Market cap:2,633.45 Cr INR
Address:P O Petrochemicals, Vadodara – 391346, Gujarat, India
Contact information:+91 2656111000/
Gujarat Heavy Chemicals Limited (GHCL) is a chemical company owned by the Dalmia Group. It was established in the year 1983. The company has a strong position in the chemical market with its products supplied across India and abroad. The main focus of the company is in the production of soda ash, the base material for Detergents and Glass Industries.
Market cap:1,773.73 Cr INR
Address:B-38, Institutional Area, Sector 1, Noida – 201301, Uttar Pradesh, India
Contact:+91 0120 4939900