Government of India has
introduced the PCPIR Policy (Petroleum, Chemicals and Petrochemicals
Investment Region Policy ) to continue bringing in investments.
PCPIR would have a processing area, where the manufacturing
facilities, along with associated logistics, other services
and required infrastructure will be located, with adjoining
non-processing area, to include residential, commercial and
other social and institutional infrastructure. Such an Investment
Region would play a catalytic role in sourcing and introducing
solutions to anchor important activities critical to the growth
of this sector as well as the economy.