New Delhi, Feb. 20 -- India's agrochemical industry is witnessing growing demand in Europe, supported by a regulatory environment that increasingly favours Indian exports, according to a recent report by Nuvama.

The report highlights that the small-molecule pharmaceutical research industry is also expanding in India, benefiting from shifting market dynamics in Europe.

It said, "India's agrochemical industry too is gaining traction in Europe, supported by a regulatory environment that increasingly favours Indian exports"

The report noted that Europe's competitive advantage in the chemical sector is gradually eroding, creating opportunities for India to strengthen its position in key segments.

India is rapidly scaling up production in f...