Speed Post News Network
New Delhi : Minister of State for Chemicals & Fertilizers, Road Transport & Highways, Shipping, Mansukh L Mandaviya, in a statement, informed here on November 29, 2018, that following Prime Minister Narendra Modi’s vision of ‘Make in India’, the Department of Chemicals & Petrochemicals, under Ministry of Chemicals & Fertilisers, has registered good progress by facilitating increased investments in Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs) for boosting industrial development and employment generation.
Mandaviya informed that under the cluster-based development model, the department has identified four PCPIRs in Gujarat, Andhra Pradesh, Odisha and Tamil Nadu that are in advanced stages of implementation. On completion, these PCPIRs will have an estimated investment of approximately Rs 8 lakh crores and are expected to generate employment for approximately 40 lakh people. So far, around Rs 1,83,000 crore have been invested in these PCPIRs and more than 3 lakh people have been employed, the Minister added.
Quoting the successful implementation of PCPIR in Gujarat, Mandaviya said ONGC Petro Additions Ltd (OPaL) has been established as the anchor unit at Dahej where 170 industrial units are already functional while over 830 units are in different stages of implementation at PCPIR Dahej. So far Rs 86,000 crore have been invested and employment has been generated for a total of 1,32,000 persons, the Minister informed, according to a PIB release.