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Plot allocation to be completed within three months: Rajasthan CM on petrochemical zone

Jaipur, Nov 14 (IANS) Chief Minister Bhajanlal Sharma said that the Rajasthan Petrochemical Zone has the potential to emerge as a major hub for employment generation and revenue growth, while taking the state’s industrial economy to new heights.

He stressed the need to promote the establishment of more petrochemical-based industries in the zone and ensure that petrochemical products are manufactured and utilised within the state.

“Rajasthan has immense potential for industrial development and the state government’s initiatives are giving unprecedented momentum to industrial activities. The planned development of the Petrochemical Zone will further expand investment opportunities in the state,” he added.

On Saturday, the Chief Minister chaired a high-level meeting to review the development of the Rajasthan Petrochemical Zone, investment opportunities and its industrial potential.

He directed officials to complete all development-related processes within stipulated timelines and position the zone as an attractive industrial destination for investors.

He emphasised that the allotment of industrial plots should not remain a mere formality; concrete steps must be taken to ensure that industrial activities commence on the allotted plots within the prescribed timeframe.

During the meeting, the Chief Minister directed officials to complete the allocation of industrial plots in the Rajasthan Petrochemical Zone within the next three months.

He further instructed that industrial units should be established and made operational within six months of plot allocation. He also directed officials to expedite the auction process for the remaining available plots and issue notices to allottees who have failed to commence industrial activities despite having received plot allotments.

Emphasising the need for optimal utilisation of industrial land, he said that allotted plots must be used for actual manufacturing activities and should not remain idle or be held merely for speculative investment purposes.

The Chief Minister said that the Petrochemical Zone should be developed with a clear focus on ensuring that products derived from the refinery are utilised by industries within Rajasthan. This would strengthen local manufacturing, reduce costs and improve supply chain efficiency.

He directed officials to assess the potential for utilising petrochemical products in the manufacturing of various goods, including cement and pipes. He also called for a comprehensive assessment of the existing demand, consumption patterns and future industrial requirements for petrochemical products within the state.

The Chief Minister further directed officials to hold discussions with entrepreneurs already operating in the region and representatives of relevant industrial units. These interactions should focus on understanding their requirements, demands and suggestions, followed by appropriate action to address their concerns.

The objective is to integrate existing local industries into the Petrochemical Zone and develop a strong, interconnected industrial ecosystem.

The Chief Minister directed officials to organise investor meetings in Balotra to attract maximum investment to the Rajasthan Petrochemical Zone and promote industrial production in the region.

He said investors should be encouraged to utilise the by-products generated by the refinery for establishing downstream industries.

To facilitate this, he instructed refinery officials to take necessary measures to ensure that investors setting up industrial units in the region can access refinery by-products at concessional rates.

–IANS

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