Chemicals / Petro Chemical / Plastic / Rubber

In the late 1840s when the English begin fitting railway cars wheels from malleable iron, the beginning of rubber and chemical tyers were seeded during this time. From the growing demand for raw materials and favourable government initiatives, to support rubber and tyres production in the market, this industry is booming. 
Indian used to import more than half of its requirement of Synthetic rubber, but from last few years, the domestic market itself is sufficient in producing Synthetic rubber, mainly by Reliance Industries NSE with 1.96 % and Indian Synthetic Rubber (a joint venture of Indian Oil).