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Chemicals Consulting - Tata Strategic

The Indian chemical industry stood at USD 118 Bn in FY14 and accounted for ~3% of the global chemical industry.  It has grown at a CAGR of 8% over the past five years and is likely to reach USD 220 billion by 2020. Increasing urbanization and rising disposable income have resulted in a very strong growth outlook for several end use industries such as Construction, Automotive, and Packaging etc.

India is also a cost competitive manufacturing, sourcing and R&D hub for specialty products. India has a large pool of skilled and semi-skilled workers available. Several companies have enjoyed better margins in India by creating an efficient distribution setup, partnering with local companies and by focusing on India centric products and business model.

Chemical industry is disruptive in nature. It is continuously re-shaped and re-defined by multiple trends ranging from evolution of end use industries, customers’ need for localization, innovation, evolving feedstock situation and changing regulatory environment. Therefore, chemical companies need to be agile to adapt and change their business model to remain competitive & relevant in this fast changing market.

Chemical practice at TATA Strategic Management Group has extensively worked with both global and Indian companies across the entire spectrum which includes base chemicals, petrochemicals, specialty chemicals & fine chemicals - to enable them to stay ahead of the competition. We have a strong team of consultants with prior industry experience in leading chemical companies. We leverage our in depth understanding of the markets and network of experts to help our clients in the areas of growth strategy, India entry strategy, new business entry, revenue enhancement, margin improvement, product portfolio optimization, M&A support, setting up greenfield projects amongst others. We also work with select Small and Medium Scale Enterprises (SMEs) to help them achieve their growth aspirations. We differentiate ourselves by not only giving advice but also by working closely with our clients to implement our recommendations.

We have taken the lead in partnering with several industry bodies for development of the industry in India. As part of our knowledge sharing initiative, TATA Strategic regularly publishes sector reports and thought notes on various Indian chemical industry segments which include IndiaChem, IndiaChem Gujarat, Agrochemicals, Construction Chemicals, Engineering Plastics, Green Chemistry amongst others.

Over the years, TATA Strategic has developed structured and proven methodologies for Chemicals sector. Besides these, we also maintain and continuously enhance our various proprietary databases. All of these enable us to add significant value to our clients’ business in a relatively short period of time.

Our strength is in ground level understanding of market, knowhow of technical value chain and our ability to deliver practical and implementable solutions. We associate with clients to help them realize tangible benefits.