Vahh Chemicals Ltd. IPO

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 sixth largest producer of chemicals in the world ... and third in Asia, contributing 7% to India’s GDP. India's chemical sector, which was estimated to be worth around Rs. 21,50,750 crore (US$ 250 billion) in 2024, is anticipated to grow to US$ 300 billion by 2028 and Rs. 86,03,000 (US$ 1 trillion) by 2040. This industry remains an active hub of opportunities, even in an environment of global uncertainty. Globally, India is the third-largest producer of agrochemicals after the United States and China. India accounts for 16-18% of the world's production of dyestuffs and dye intermediates. Indian colourants industry has emerged as a key player with a global market share of ~15%. The country’s chemicals industry is de-licensed, except for a few hazardous chemicals. India has traditionally been a world leader in generics and biosimilars and a major Indian vaccine manufacturer, contributing more than 50% of the global vaccine supply. India holds a strong position in exports and imports of chemicals at a global level and ranks 14th in exports and eighth in imports at the global level (excluding pharmaceuticals. In FY26 (April-July), India's dye exports (Dyes and Dye Intermediates) totalled US$ 824.77 million. Major chemical production reached 912.8 thousand metric tonnes in October 2025, while petrochemical production reached 1,891.6 thousand metric tonnes In October 25, production levels of various chemicals were as follows: • Soda Ash: 237.06 (‘000 MT) • Caustic Soda: 291.23 (‘000 MT) • Liquid Chlorine: 213.94 (‘000 MT) • Formaldehyde: 30.63 (‘000 MT) • Pesticides and Insecticides: 21.86 (‘000 MT) India’s proximity to the Middle East, the world’s source of petrochemicals feedstock, enables it to benefit on economies of scale. Read more