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TATA Strategic has classified the chemical industry in India into 4 key segments, based on a detailed analysis of the industry. India currently accounts for only 3.3 % of the total chemical market with a market size of ~$ 0.12 trillion in 2013. Indian chemical industry is also a much diversified industry with more than 70,000 commercial products. It accounted for ~13% of the gross value added by the industry segment. It accounted for ~13% of the total India's export.Indian chemical sector is very crucial for the economic development of country. Over the last five years Indian chemical industry has started to evolve rapidly. With significant capacity additions coming into place, the focus has also been towards investments in R&D. India's competence in this knowledge intensive industry is increasing however still the tapped potential is very limited. The current low per capita consumption (~7 kgs for polymers in India as compared to world average of 25 kgs) suggests that the demand potential is also yet to be realized. Moreover India has a very strong outlook for the key end user industries (e.g. Packaging is expected to grow at ~17% p.a. over the next five years, Electronic is expected to grow at ~15% p.a. over the next five years, Construction and Automotive both sectors are expected to grow at ~14% p.a. over the next five years). Hence, going ahead the demand of chemical products is expected to surge strongly at 10-11 % p.a. over the next five years. To meet this increasing demand either the local production will have to ramp up or the imports will have to go up. Indian Govt. has increased its focus towards domestic manufacturing with the intent of increasing the share of manufacturing in GDP from 16% to 25% by 2022.
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Introduction to Jammu & Kashmir and its rich cultural heritage Four Famous Temples In Jammu & Kashmir-Welcome to the land of breathtaking landscapes and rich cultural heritage – Jammu & Kashmir! Temples play a significant role in the spiritual fabric of Jammu & Kashmir, attracting pilgrims from far and wide. Let’s delve into the world of four famous temples that hold great importance in this enchanting region. Importance of temples in the religious landscape of Jammu & Kashmir Nestled in the breathtaking Himalayan region, Jammu & Kashmir boasts a rich cultural heritage deeply rooted in spirituality and tradition. Temples play a vital role in this religious landscape, serving as epicentres of faith and devotion. These sacred sites not only hold historical importance but also serve as symbols of unity among diverse communities residing in the region. The temples of Jammu & Kashmir stand as architectural marvels, showcasing intricate designs and craftsmanship that reflect the artistic prowess of ancient builders. Each temple tells a unique story steeped in mythology and folklore, captivating visitors with tales of gods and goddesses. From elaborate rituals to serene meditative spaces, these temples offer solace to seekers on their spiritual journey. They provide a sanctuary for worshippers to seek blessings, find peace, or simply immerse themselves in the divine energy that permeates these hallowed grounds. Vaishno Devi Temple: A popular pilgrimage site for Hindus Tucked away in the picturesque hills of Jammu & Kashmir lies the revered Vaishno Devi Temple, drawing millions of devotees each year. The journey to this sacred site involves a challenging trek through winding paths and breathtaking landscapes. Upon reaching the temple, visitors are greeted by the divine aura and tranquillity that permeates the atmosphere. The three rock-cut caves inside symbolize different forms of Goddess Shakti – Maha Kali, Maha Lakshmi, and Maha Saraswati. Devotees believe that Mata Vaishno Devi fulfills the wishes of her devotees who visit her abode with pure hearts. The chanting of hymns and ringing bells reverberate through the air as devotees offer prayers and seek blessings from Mother Vaishno Devi. Pilgrims leave feeling spiritually rejuvenated and grateful for having experienced such a profound connection with divinity amidst nature’s beauty at Vaishno Devi Temple. Shankaracharya Temple: A symbol of Kashmiri Hinduism Nestled atop a hill in Srinagar, the Shankaracharya Temple stands as a symbol of Kashmiri Hinduism, echoing centuries of spiritual significance. Dedicated to Lord Shiva, this ancient temple exudes an aura of tranquillity and devotion that captivates visitors from far and wide.
Four Famous Temples In Jammu and Kashmir
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