Rajasthan woos global players to invest in Barmer PCPIR
January 25, 2021
Rajasthan Chief Minister Ashok Gehlot - PTI×
CM Gehlot to hold virtual discussions with over 100 top global giants Eyeing a big play in the petroleum and value-added petrochemicals space, Rajasthan Government lays down a red carpet for the global oil and petrochemical majors to set up operations in the upcoming Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Barmer.
A top state government official informed that the first phase of development would see around ₹15,000 crore from top global players.
The State Industries department is in discussions with US major Exxon Mobil Corporation, British-Dutch major Shell, Chinese leader Petro China, Mitsubishi Corporation, Wacker Polymer besides some of the top Indian players including Reliance Group, Vedanta, and SRF Group.