Chemical Industries and Their Mismanagement Punishable by Law

Nowadays, manufacturing industries are developing at a steady rate. We could understand how we are inextricably linked to the Indian chemical Industry. Whether it is the drug, cleaning agents, synthetic garments, or thermoplastic furniture, everything around us is a direct or indirect product of the chemical industry. This industry manufactures more than 70,000 commercial chemical products yearly, which has assisted it to gain the sixth spot in the list of the largest chemical producers in the world and the third spot in the list of Asia. Although there are many opportunities for the chemical industry in India that are supporting to develop and progress internationally, at the same time there are many difficulties in its path hindering its growth. The chemical industry of India is a major contributor to the Indian economy, contributing 7 of the countrys Gross Domestic Product GDP . Indias chemical industry ranks as sixth largest in world, and third in Asia. The value of the chemical industry in India was estimated at 100 billion dollars in 2019. The chemical industry of India generates employment for five million people. The Indian chemical industry produces 80,000 different chemical products. India was also the third largest producer of plastic in 2019. As of September 2019, the alkali chemical industry produced 71 of all chemicals produced in India. Indias chemical industry accounts about 14 of production in Indian industries. Many chemical industries have mismanagement and caused crime punishable by law. Examples are given in present article. Dr. Ashutosh Tripathi | Dr. Ashok Kumar Rai "Chemical Industries and Their Mismanagement Punishable by Law" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-4 , June 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50112.pdf Paper URL: https://www.ijtsrd.com/chemistry/other/50112/chemical-industries-and-their-mismanagement-punishable-by-law/dr-ashutosh-tripathi