Notwithstanding the global slowdown, INDIACHEM 2002 will see a massive participation from companies across the globe. And its not just the one-billion strong market, which is enticing them, but also the international recognition India has achieved due to its strengths and comparative cost advantage in knowledge based industries. “Our scientists and labs have done commendable research for many multinational chemical and pharmaceutical companies worldwide,” said S.S. Dhindsa, Union Minister for Chemicals and Fertilisers.