The Central Government is working on a policy to establish 12 petrochemical complexes in order to have one complex in each 16 refineries, a move which could entail few lakh crore of investment. At present, there are four PCPIRs or petrochemical complexes in the country. A Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) is usually a delineated area for manufacturing various types of petrochemical compounds. PCPIRs are currently present in Gujarat, Andhra Pradesh, Odisha and Tamil Nadu.
Central govt framing policy to set up petrochemical complexes
December 7, 2015