Editorial of Chemical Today magazine.
In earlier days, just stepping onto the outskirt of the city, you would start seeing plush green agricultural fields spread over acres and acres. But nowadays, this spread has become restricted and is getting positioned in between residential locations. Inspite of the growth in infrastructure, industrialization, IT, manufacturing among others, agriculture continues to form the backbone of the Indian economy. The sector accounts for about 15 percent of the country’s GDP.
Thus, it is no surprise that the scope of agrochemicals is set to firm up in the coming years.
Added to this, the rising population and urbanization have intensified the demand for quality food grains. All this is happening against the backdrop of declining agricultural land and reduced crop production due to pest attacks and irregular monsoons. These situations have thus justified that agrochemicals are set of becoming critical for our future growth. In the agrochemicals sector too, crop protection is the need of the hour.
The agrochemicals market in India is expected to become $6.3 billion by 2020, growing annually at 7.5 percent, from $4.4 billion in 2015, according to a report by Tata Strategic Management Group (TSMG) and FICCI.
In the agrochemicals sector, we also take a look at the pesticides market - the insecticides, herbicides and fungicides. The Indian pesticide industry is 4th largest in the world after US, Japan and China and in Generic Pesticides production in India stands at No 2 in the world after China. To know more details about the agrochemicals sector, have a look at our in-depth coverage in the sector view.
For this month, we also explore the pulp & paper sector focussing on the rising global and local trends. There is a strong movement towards reducing the use of paper citing an environment friendly approach. As opposed to this, the use of paper is currently being promoted as the ecological alternative towards reducing the use of plastics. To see how to strike a balance with regards to usage of paper have a glance at our features section.
Further, we discover whats happening in process automation for the chemical industry. Read on, to know how automation can help reduce costs and achieve real-time response considering ethylene production.
To connect and to give us a bouquet or brickbats, write to editorial@worldofchemicals.com
By Shivani Mody,
Editor In Chief.
© Chemical Today Magazine
See the Editorial in Chemical Today magazine
https://www.worldofchemicals.com/digitalissue/chemical-today-october-2017/24
View the magazine on Mobile, download the Chemical Today magazine app
http://bit.ly/21W5H0z
http://apple.co/1ZwID77