Specialty chemicals companies would be fastest gainers, will see a moon landing type approach from Q2 onwards: Ajay Joshi

“The Latin American market is an underdog when it comes to personal care, home care chemicals, construction and chemical segments. Indian companies mainly focus on agrochemicals. India and Brazil are going to have a new FTA in place by year end. That will further boost the export of speciality chemicals and commodity chemicals from India to Latin America. Overall, the China price erosion phenomena will slowly die down towards the end of this fiscal year by Q4.”