Setting up of four Petroleum Chemical and Petrochemical Investment Regions approved
Department
of Chemicals and Petrochemicals, Ministry of Chemicals and
Petrochemicals is implementing the Petroleum Chemical and Petrochemical
Investment Region (PCPIR) Policy to promote investments, boost
manufacturing and generate employment. Substantial investments by
upstream Anchor Units in the Refinery and Cracker Segments are
envisioned to lead to other investments in the chemical and
petrochemical downstream sectors and ancillary industries. Government of
India has approved setting up of four PCPIRs in the States of Andhra
Pradesh (Vishakhapatnam - Kakinada), Gujarat (Dahej), Odisha (Paradeep)
and Tamil Nadu (Cuddalore - Nagapattinam). The fully operational PCPIRs
envisage investment of Rs. 7.63 lakh crore and 33.85 lakh job
opportunities. No other PCPIR is proposed at present. This information was given by the Minister of state of Chemicals and Fertilizers Shri Mansukh L. Mandaviya in a written reply to the Rajya Sabha today.
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