Chemicals sector leads globally with 28% returns

New Delhi: India’s chemicals industry has become the global leader in value creation, achieving a five-year total shareholder return (TSR) of 28 per cent from 2020 to 2024, significantly higher than the global average of 7 per cent, a report said on Tuesday.

India’s chemicals outperformance was driven by resilient domestic demand, targeted policy support, and improved investor sentiment that lifted valuation multiples. according to the report from Boston Consulting Group. Agrochemical exports and its domestic demand, along with speciality segments like pharmaceutical ingredients, personal care, and engineered materials, significantly contributed to the outperformance.