In yet another move towards industrialisation, a plastic park to come up in the district of Gorakhpur in Uttar Pradesh. It will be spread over 50 hectares of land and will consist of 100 manufacturing units.
On its part, the Ministry of Chemicals and Fertilizers has approved the project. Over Rs 40 crore will be born by the Union government and the remaining Rs 53 crore will be contributed by the Gorakhpur Industrial Development Authority (GIDA).
Sanjeev Ranjan, CEO of Gorakhpur Industrial Development Authority (GIDA), said, "We have received intimation on the approval though we are yet to get the formal letter. The Scheme Steering Committee (SSC) under the chairmanship of Secretary (Chemicals & Petrochemicals) has granted in-principle approval to the plastic park, which is important for realising the goals of 'Make-in-India' programme. The approval is valid for six months and a Detailed Projects Report (DPR), complete in all respects, has to be submitted within this time for the final approval."
He further added, "We had given an online presentation before the SSC on January 20. It will be a Rs 93 crore project and about 100 units would be set up in the park. About 2,500 persons will get direct employment."
The Central Institute of Petrochemical Technology and Engineering (CIPET) would be given five acres of land in the park to create a testing laboratory.
(With inputs from IANS)
