Maharashtra chief minister Devendra Fadnavis has revealed plans for a significant chemical park adjacent to Vadhvan Port
MUMBAI: Maharashtra chief minister Devendra Fadnavis has announced plans for a mega chemical park near Vadhvan Port and urged the Centre to approve the project, for which the state government is willing to allot between 2,500 and 5,000 acres. Under the scheme, the Centre will provide Rs 1,000 crore, while the state government will contribute Rs 500 crore. The proposed initiative is part of the Centre’s Viksit Bharat vision and its goal of building a $1 trillion economy by 2040.
Union minister for chemicals and fertilisers JP Nadda said the Centre had already announced the Bhavya Rasayan scheme in the Union Budget.
Nadda said the Centre would facilitate environmental clearances for the scheme.
Speaking at the inauguration of Indochem in Goregaon, Fadnavis said the state government would make the land available for the proposed park and asked the Centre to sanction the project.