Home / Knowledge / News / Textiles / Mangalore petrochem complex to create several new jobs
Mangalore petrochem complex to create several new jobs
31
Dec '13
The petrochemical complex to be established in the city of Mangalore in the Indian state of Karnataka is expected to create huge number of jobs, said Indian Minister for Petroleum and Natural Gas M Veerappa Moily, while addressing a program in the city.
 
The Minister said the upcoming petrochemical complex in the Mangalore Special Economic Zone, is expected to attract an investment of Rs. 2,500 billion in the future, reports The New Indian Express.
 
According to the Petroleum Minister, the new petrochemical complex would help in boosting the economy of the country as well as solve the problem of unemployment in the state.
 
The Minister was in the city to dedicate the Petroleum, Oil and Lubricants (POL) berth number 13 to the nation and lay the foundation stone for berth number 18 for container and bulk cargo at New Mangalore Port (NMP) in Panambur.
 
Mr. Moily said the growth of NMP will contribute greatly to the country and would soon have 18 berths providing services for cargo handling. The port would become the second gateway of India, he added.
 
The construction of the new berth would cost Rs. 1.37 billion and would be completed in 20 months time. The berth will be used in handling bulk cargo and containers.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X