Top priority was placed on the growth of a self-reliant economy and modernization; " Development First, Unification Later " became the slogan of the times and the economy grew rapidly with vast improvement in industrial structure, especially in the basic and heavy chemical industries.
32.
"It isn't surprising that the figures are low because results in the third-quarter so far have been pretty awful within the heavy chemical industry, " said Anthony Church, an analyst at Schroder Securities in London, adding the figures were " slightly " below his expectations.
33.
Several private conglomerates are present in Valsad, including Alok Industries Ltd ., Wyeth, Welspun India Ltd ., Hubergroup India Private Limited ( formerly Micro Inks Ltd . ) Aarti Industries, Atul Limited, Gujarat Heavy Chemicals Ltd . ( GHCL ), Raymond, Sun Pharmaceuticals, United Phosphorus, Pidilite, Polyols & Polymers and Vadilal, Unique Polymers.