Dahej PCPIR gets investments worth Rs 25,000 crore in one year

AHMEDABAD: More and extra companies — domestic and world — are atmosphere their eyes on Petroleum Chemicals and Petrochemicals Investment Region (PCPIR) at Dahej. The region attracted tasks entailing investments worth Rs 25,163 crore in remaining one year alone.
Home grown companies like Emami group, MRF Limited, Grasim Industries Limited, Bodal Chemicals Limited and GACL-NALCO Alkalies and chemical substances Ltd (GNAL) have proposed their greenfield and brownfield tasks within the PCPIR, which is unfold throughout 44 villages of Vagra and Bharuch talukas in Bharuch district. It comprises outstanding business estates including Dahej SEZ together with Vilayat and Saykha.

More than Rs 950 crore worth of investments within the PCPIR region have additionally been proposed by foreign corporations. These include South Korea-based Kukdo Chemicals which has dedicated Rs 320 crore along with Swedish chemical primary, Perstorp, which has proposed an funding of Rs 650 crore.


Investments to create 14,000 jobs


The proximity to the port as well as toenvironmental advantages corresponding to effluent remedy crops are primary benefitsof PCPIR. Moreover, itis a symbiotic ecosystem wherein raw subject matter producers are also present and it will mutually benefit companies,” said D Thara, managing director, Gujarat Industrial Development Corporation (GIDC), a nodal agency for thePCPIR.


An estimated direct employment of 14,000 will probably be generated via those investments, said sources. Indirect investments in allied industries may also be generated. Most of these corporations were allotted land within the Saykha business estate. GIDChas up to now allotted 5,000 hectares of land to nearly 650 business unitsin thePCPIR, of which round 200 gadgets, including a mega petrochemical mission of ONGC Petro additions Ltd (OPal), have long past into manufacturing.


Dahej PCPIR gets investments worth Rs 25,000 crore in one year Dahej PCPIR gets investments worth Rs 25,000 crore in one year Reviewed by Kailash on April 13, 2018 Rating: 5
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