Chemicals

CRISIL Research predicts that the chemical industry in India will experience a 14-17% YoY growth in revenue during the current fiscal year (FY23) driven by strong performance in the specialty chemicals, polymers, and agrochemicals segments. MSMEs in the chemical industry are expected to grow 12-15% in the same period. MSMEs will face profitability margins constraints due to rising material cost, higher working capital requirements, escalated freight cost and limited ability to pass on higher costs to customers. MSMEs make up 28-30% of the sector and mainly cater to dyes and pigments, agrochemicals and certain niche specialty chemicals. Their double-digit revenue growth will be driven by improved price realization. Specialty chemical segment is expected to see better growth than polymers and agrochemicals due to growth in end-use sectors such as textile, real estate, construction and packaged foods. MSMEs will counter the inflationary environment and preserve margins by steering towards lean inventory management and renewing new contracts on an ex-factory basis to avoid the impact of fluctuating freight cost and higher working capital requirements.

Why Choose AIRA Consulting?

  • With over 15 years of experience, AIRA Consulting has a proven track record of delivering successful outcomes for their clients in the MSME chemical industry, making them a trusted and reliable partner for these companies
  • AIRA Consulting has a team of experts with extensive experience in the MSME chemical industry, making them well-versed in the unique challenges and opportunities faced by these companies
  • AIRA Consulting has a strong network of industry contacts and partners, which allows them to provide MSME chemical companies with access to proven solutions and opportunities
  • We are dedicated to providing personalized and tailored solutions to meet the specific needs of each MSME chemical company they work with

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    TESTIMONIALS

    What our Customers says

    What distinguishes them is their ability to grasp nuances of the business and come out with solutions that are uniquely customised to our requirements. Their focus on SMEs is reflected in the way they work on the implementation of the solutions. Their unique approach of handholding the team members during the implementation process and make the changes happen is truly a discerning feature of their skills and experience in the profession.

    Vivek Savla

    Executive Director, Savla Foods & Cold Storage Pvt. Ltd.
    AIRA Consulting has worked closely with the management and team of Glint. We were quite impressed with their understanding of the workings of SMEs and their ability to customize solutions to our unique requirements. They not only suggest innovative solutions but also assist us in implementing them so that we see tangible benefits. We wish them the very best!

    Puneet Chopra

    Director, Glint Cosmetics Pvt. Ltd
    I found the folks at Aira to be competent, professional and insightful in the consulting work they did for one of our portfolio companies. We would hire them again."

    Manik Arora

    Managing Director, IDG Ventures India

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