Following is from https://investodisha.gov.in/InvestmentRegions/#2 .
Quote:Petroleum, Chemicals and Petrochemicals Investment Region, Paradip
India is the fourth largest consumer of crude oil and petroleum products in the world. India is also the third largest producer of chemicals in Asia. The sector has been growing significantly over the past few years. This can be substantiated by the fact that Chemical products' contribution to the state GVA increased with a CAGR of 12% over the period of 5 years from 2013 to 2018.
PCPIR region at Paradip is being developed as world class infrastructure to provide a conducive business environment and promote and attract exclusive investments in the Petroleum, Chemicals, Petrochemicals and allied sector. It is one of the four proposed PCPIRs in India and is also located near one of the largest freight ports in India, which provides a gate way to all the markets in Indo-China and Eastern Asia.
Spread across an area of nearly 68,000 acres and with envisaged investment of USD 42.20 billion, the PCPIR at Paradip is one of the largest integrated investment regions in India. Indian Oil Corporation Limited (IOCL), India's biggest state-owned oil gas corporation is the anchor tenant in the project and has committed petrochemical feedstock facilities such as Polypropylene, Mono Ethylene Glycol, Paraxylene-Purified Terephthalic Acid (PTA) Complex and Petcoke Gasification from its refinery.
Video Download: https://youtu.be/zL0UYoG4M0A Project Brochure: https://investodisha.gov.in/download/PET...ochure.pdf