Yes you can depending on the openings, though there are lower number of vacancies for M.Sc. Graduates. Most of the Companies like Cipla , Dr Reddy look for Doctorates in Chemistry, Pharmaceutical and Chemical or perhaps BioChemical and BioTechnology Engineering graduates nowadays.

You have many job options after a MSc in Chemistry though, you can join a Public Research Organization like BARC or DRDO, which have annual openings each year for Chemistry Graduates, or perhaps a CSIR Lab like NML Jamshedpur or National Chemical Laboratory, Pune as a Trainee Scientist of Project Associate. PSUs like IOCL and ONGC also have openings through GATE for M.Sc. Chemistry Graduates. Many after masters also pursue a doctoral degree in Chemistry, while many move to Academic Institutions and Eminent Coaching Institutes for Teaching Purposes.