NEW News 18 Hindi
Fri 14 Aug 2026 11:15:13 AM
Centre's Rs 3,000-Crore Mega Chemical Park Push: At Least 7 States In Race, Andhra Likely To Bid
SUMMARY
The Centre plans to establish a Rs 3,000-crore mega chemical park, attracting bids from at least seven states, with Andhra Pradesh likely to join the race. The initiative aims to boost India's chemical manufacturing sector, reduce import dependence, and create employment. States like Gujarat, Maharashtra, Odisha, Tamil Nadu, and others are competing to host the park, offering land, infrastructure, and incentives. The park will house integrated chemical units, promote sustainable practices, and attract global investments, strengthening India's position in the global chemical industry.