Centre to establish chemical parks in Andhra Pradesh
The HinduArun Baroka, Secretary, Department of Chemicals and Petrochemicals, Government of India, met Chief Secretary K.S. Jawahar Reddy at the latter’s camp office here on Friday, and had a detailed discussion on the establishment of chemical parks in Andhra Pradesh. Mr. Pravin Kumar gave a presentation on locations where the department could consider setting up the chemical parks by taking advantage of the State’s long coastline, presence of Special Economic Zones, and readily available infrastructure. Market size Mr. Baroka pointed out that India was the sixth largest chemical producing country in the world and the third largest in Asia with a market size of $178 billion, which was poised to increase to $300 billion by 2025. The government officials apprised Mr. Baroka about the development taking place in and around the State-owned and private industrial parks and industry-specific clusters.