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Chemical Industry is one of the fastest growing Industries globally. Demand in different segments of chemical Industry like pharmaceuticals, Inorganic Chemicals, Organic Chemicals, Fine and specialties, Bulk Drugs, Agrochemicals, and Paints and Dyes are also increasing rapidly. Industry players are following state of the art techniques and extensive research and development policies to fulfill this increasing demand for chemical.

Chemical Industry and India

India was importing chemicals during early 1990s, but now India has become a net exporter of chemicals because of implementation of several large scale petrochemical plants, and tremendous growth of exports in sectors like bulk drugs and pharmaceuticals, pesticides, and dyes and intermediates.

Currently India is a strong player in chemicals export. Following are some facts related to Chemical Industry in India (Analysis based on Year 2005):

13% of total export
13% of total industrial output and 7% of GDP
10%-12% growth rate annually
2% of global chemical industry
Indian pharmaceuticals industry ranks 4th in volume and 13th in terms of value in world
2nd largest producer of agrochemicals in Asia

Factors Affecting Indian Chemical Industry

There are few factors resulting growth of Indian Chemical Industry. Some important factors are as following:

1. Friendly Government Policies: In recent years government policies have become more and more industry friendly, following the similar global industry friendly trend. Government is eager to provide land and basic infrastructure for new industry establishments, because industries are powerful elements in contributing rapid growth of development.

2. Increasing Demand: There is increase in demand of chemicals globally, be it pharmaceutical, agrochemicals, adhesives, fertilizers, or other chemicals. So industry players are trying to increase their current production to match increasing demand.

3. Technology factors: The change in technology is also a factor in development of chemical industry. Newer machinery, better technology, and research are major cause behind growth rate of this industry.

4. Involvement of major players: Involvement of major industry players in chemical industry, as well as acquisition of overseas companies by Indian Giants led strong worldwide reputation of Indian chemical manufacturers.

5. Presence of raw materials: India is rich in minerals and other raw materials required in production of chemicals that decreases input capital required and increases overall revenues of manufacturers.

In coming years industry is going to grow with more than current growth rate. In 2005 its contribution to GDP was 7%, which increased to 13% in year 2007. Domestic demand is also increasing so we don’t need to look for exports always. Past few years witnessed tremendous growth and we can expect similar trends in future too.

Technology has advanced so far in such a short space of time. The ground breaking touch screen interface of the iPhone really raised the bar in phone design. The ultra sleek look of the phone redefined what was considered beautiful in phone design. We could go on for some time listing the ways in which the iPhone has redefined the mobile phone market? but to sum up in short: everything has changed.

As impressive as all the technological achievements have been regarding the iPhone, they would not be sufficient to make it the most influential phone of all time. We have, after all, seen massive technological advances previously. One does not have to think very far back to a time when Blackberry was dominating the high technology end of the market. What really makes the iPhone stand out is the way in which it has changed the way people think about their phones.

Long gone are the days of a mobile phone merely allowing you to make and receive phone calls. Today mobile phones have become an integral part of our daily lives; with our email, daily planners, address books and even internet access now ever present in our pockets. Whilst the technology for much of these functions has been around for some time, it was never bought into by the general public. It was the iPhone that served up these facilities in such a way that the buying public finally accepted them. It is all very well having an electronic diary in your pocket, but if you don”t feel the need to use it then it is a pointless piece of technology.

The iPhone was able to unite all these different features successfully. This is partly due to the phones operating system, which successfully linked together these applications, and partly due to a strong global marketing campaign.

The operating software for the iPhone is a dramatic departure from standard mobile phone menu system. It operates as a flexible platform onto which limitless applications can be added. This application system has revolutionised the way that mobile phones are made. But this alone was not enough, what was required was the marketing hype to change the mobile phone buyers perception about their devices.

The iPhone was the perfect combination of marketing and product development. For once in the mobile phone market the product genuinely lived up to the hype. In the iPhone, Apple had successfully built a mobile phone capable of justifying its own hype. And the hype was huge.

It was the double barrelled blast of a revolutionary software platform and a marketing campaign like nothing the industry has ever seen before that secured the iPhone as being the most influential mobile phone in the history of the telecommunications industry. It has spawned several imitations, which have swamped the mobile phone market in recent months. But even in the face of this competition, the iPhone stands out as being the bar against which all other mobile phones are measured. And so far nothing has measured up.