Outsourcing has become the latest trend for
almost all the industrial sectors ranging from small to big enterprises. This
formula has proved to be effective and profitable in terms of revenues and
business operations. With the market becoming highly competitive much of the
dependency has been on the R&D front which needs expertise, resources and
technology to support any business demands. The chemical industry is now
reckoned as one area which has widely accepted the concept of outsourcing and
is immensely getting benefits from this.
