News Karnataka
Friday, April 26 2024
Mangaluru

Mangaluru may get petrochemical hub

Photo Credit :

Puttur: Union Minister for Chemicals and Fertilizers Ananth Kumar has said that the Union Government is keen to set up a Petroleum, Chemicals and Petrochemicals Investment Region (PCRIM) in Mangaluru. 

Addressing the gathering after inaugurating Krishi Yantra Mela (farm machine fair), the Minister said the government has proposed to set up PCPIRs in four citizen in the country with an investment of Rs 10.50 lakh crore. The cities are Odisha, Vishakapatnam in Andra Pradesh, Nagapattinam in Tamil Nadu and Dahej in Gujrat. It will provide employment to over 37 lakh people, he said.

Likewise, the government is also interested to set up a PCPIR in Mangaluru for starting downstream petroleum-based industries as polymer, pharmaceutical and plastic. He said that a meeting would be held during the winter session of Parliament in New Delhi. 

MP Nalin Kumar Kateel said the PCPIR could be set up on 2,000 acres of land acquired for Mangaluru Special Economic Zone.

Gas pipeline

Mr. Ananth Kumar also said that Gas Authority of India Limited (GAIL) pipeline would be laid from Kochi to Mangaluru in the next two and a half years. The Kerala government has agreed to part land for the pipeline. It would help Mangaluru Chemicals and Fertilizers in urea production, he added.

 

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nktv
Nktv Live

To get the latest news on WhatsApp