Friday, July 4, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Govt expects Rs.7.62 lakh crore in four PCPIRs

Fiinews by Fiinews
January 9, 2019
in Investment, Manufacturing, Projects, Tenders
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Approved: two plastics parks

 

Gujarat PCPIR.
Gujarat PCPIR.

The Government is expecting Rs.7.62 lakh crore investments in its four Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs) at Dahej (Gujarat), Vishakhapatnam–Kakinada (Andhra Pradesh), Paradeep (Odisha) and Cuddalore- Nagapattinam (Tamil Nadu).

These PCPIRs are at different stage of implementation, said the Ministry of Chemicals and Fertilizers in an industry update on 8 Jan 2019.

It said HPCL-GAIL has completed feasibility study for 1.0 MMTPA cracker-cum-petrochemical complex at Kakinada PCPIR.

Ministry of Environment, Forest and Climate Change has granted Environment and Coastal Region Zone (CRZ) clearance on 14.09.2017 for an area of 44,445.18 hectare excluding forest land of 853.41 hectare for development of Gujarat PCPIR.

Master Plan for Gujarat PCPIR has been completed while the Master Plans for Odisha PCPIR and AP PCPIR are underway.

Tamil Nadu PCPIR region has notified by the State Government.

Two new Plastic Parks in the States of Jharkhand and Madhya Pradesh (Bilaua) have been approved by the Scheme Steering Committee, under the Chairmanship of Secretary (C&PC) during its meeting held on 5 Dec 2018.

A Committee co-chaired by Secretary (Petroleum) and Secretary (Chemicals and Petrochemicals) has been constituted to examine the issue of petrochemical demand and supply over next 15 to 20 years and to recommend policy options to the Government including recommendations regarding amendments to the existing PCPIR Policy of the Government.

Meanwhile, the Ministry has also given an update on the Central Institute of Plastic Engineering & Technology (CIPET).

It said CIPET focuses on ‘STAR’ – Skill Development, Technology Support Services, Academic and Research in all the domains of Polymer Science & Technology.

Presently, 32 centres of CIPET functional across the country and 7 more are in pipeline.

The Foundation Stone of CIPET, Centre for Skilling and Technical Support (CSTS), at Chandrapur was laid on 11 November 2018.

An Advanced Polymer Design and Development Research Laboratory (APDDRL) is being set up at Bengaluru for R&D in key areas of polymeric applications in defence, healthcare, solar energy, e-waste recycling etc.

CIPET has also tied-up with various Public Sector Units (PSUs) and industries for indigenization of plastics products, technology solutions, R&D with focus on “MAKE IN INDIA” such as Defense, marine & industrial applications.

During 2018-19 (up to Nov, 2018), CIPET has trained 28,774 students through Long Term Skill Development Programmes and Short Term Skill Development Programmes. CIPET also rendered around 50,118 (upto Nov, 2018-19) Technology Support Service assignments / job works for plastics industries. fiinews.com

Tags: Ministry of Chemicals and Fertilizers
ShareTweetShare

Related Posts

IPA
Investment

Invest: Serendipity Space raises pre-seed round

by Fiinews
July 4, 2025
0
15

Company leveraging space-based crystallization technology Serendipity Space, a pioneering space-tech company developing microgravity-based pharmaceutical manufacturing solutions, has raised its pre-seed...

Air Liquide
Manufacturing

Manufacturing: Air Liquide builds ASU-CFS

by Fiinews
July 4, 2025
0
12

Renard doubling production capacity in Gujarat Paris-headquartered Air Liquide is investing in a second Air Separation Unit (ASU) and a...

Logisticsuav Flying Dassault Systemes

Project: Raphe mPhibr adopts French platform tech

July 4, 2025
11
SIDM

Project: DAC accords AON for defence products

July 4, 2025
14
PIB.

Project: Minister wants Bio E-Cell in Odisha

July 4, 2025
14
NITI Aayog

Manufacturing: India’s chemical sector faces challenges

July 4, 2025
20
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: Serendipity Space raises pre-seed round
  • Manufacturing: Air Liquide builds ASU-CFS
  • Project: Raphe mPhibr adopts French platform tech
  • Tech: TCS to be part of Singapore Smart Nation
  • Project: DAC accords AON for defence products

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.