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Ram Vilas Paswan unveils PCPIRs policy image

09 May '07
3 min read

The Government of India will ensure the availability of external physical infrastructure including Rail, National Highways, Ports, Airports and Telecommunication facilities in a time bound manner. This infrastructure will be created/upgraded through

Describing it as a historic occasion the Secretary, Department of Chemicals and Petrochemicals Smt. Satwant Reddy said, the chemical industry in the country has evolved to be an innovative industry.

She said, with world class infrastructure in place, the Petroleum, Chemical and Petrochemical Investment Regions will be infrastructure driven and not incentive driven. She said, the scale of the industries and synergy between different units will help the growth of the region.

The President of Federation of Indian Chamber of Commerce and Industry Shri Habil Khorakiwala hailed the new policy as path breaking. He said, it will facilitate cluster formation of industries and the policy is like an approach to develop a master plan. He was emphatic that this is happening for the first time in the country. He said, this will also provide great employment opportunity.

Press Information Bureau Government of India

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