ISO 9001:2015 Certified
closex Call Us 11-23320714, 23721504, ficci@ficci.com

 Upcoming Event
to forge a partnership on Technology Commercialization Initiative, FICCI-AMITY and IC2 Institute University

Govt wants eco-friendly chemical & petrochemical units: Secy 

Moneycontrol , Sep 20, 2018

The central government Thursday said it wants to promote environment friendly chemicals and petrochemical units.

Replying to a question about government's thought on the highly polluting sector, Chemicals and Petrochemicals Secretary P Raghavendra Rao said the government will encourage companies which promotes environment friendly units.

In the city for a roadshow of India Chemicals 2018 to be held on October 4-6 in Mumbai, Rao said the contribution of this sector to India's manufacturing sector could touch 25 per cent in a decade or so from about 10 per cent now.

He said the government was focusing at agro chemicals and petrochemicals sectors.

According to industry estimates, chemicals will turn into a USD 384 billion industry by 2025.

Government wants more chemicals and petrochemicals parks and it was trying to have conducive environment to encourage investment in this sector.

Government was also contemplating to make the Plastic Park and Petroleum Chemicals and Petrochemicals Investment Region policy more attractive.

 

 

Also Read

Centre preparing perspective plan for chemicals, petrochemicals     

Centre preparing perspective plan for chemicals, petrochemicals     

Centre preparing perspective plan for chemicals, petrochemicals     

Event:

 Industry Meet on Indian Chemicals & Petrochemicals Industry: India Chem 2018