Jaipur, November 14 — Rajasthan Chief Minister Bhajanlal Sharma on Saturday chaired a high-level meeting to review the development of the Rajasthan Petrochemical Zone and directed officials to complete the allocation of industrial plots in the zone within the next three months, IANS reported. He further instructed that industrial units be established and made operational within six months of plot allocation.

Source: IANS via hi INDiA

Sharma said the Petrochemical Zone has the potential to emerge as a major hub for employment generation and revenue growth, and stressed that petrochemical products should be manufactured and utilised within the state. "Rajasthan has immense potential for industrial development and the state government's initiatives are giving unprecedented momentum to industrial activities. The planned development of the Petrochemical Zone will further expand investment opportunities in the state," he said, according to IANS.

Source: IANS via hi INDiA

The Chief Minister emphasised that plot allotment should not remain a mere formality. He directed officials to expedite the auction process for the remaining available plots and to issue notices to allottees who have failed to commence industrial activities despite having received allotments. Allotted plots, he said, must be used for actual manufacturing and should not remain idle or be held merely for speculative investment.

Sharma directed that the zone be developed so that products derived from the refinery are utilised by industries within Rajasthan, which he said would strengthen local manufacturing, reduce costs and improve supply chain efficiency. Officials were asked to assess the potential for using petrochemical products in goods such as cement and pipes, and to prepare a comprehensive assessment of existing demand, consumption patterns and future industrial requirements in the state.

The Chief Minister also directed officials to organise investor meetings in Balotra to attract maximum investment to the zone, and instructed refinery officials to take measures so that investors setting up units in the region can access refinery by-products at concessional rates. Officials were also asked to hold discussions with entrepreneurs already operating in the region and integrate existing local industries into the zone's ecosystem.

Nation Press, reporting on the same review meeting, said the Chief Minister's Office stressed that all zone-development processes be completed in a time-bound manner and that actual industrial activity must begin on allotted land within the stipulated timeframe, rather than allotment remaining a paperwork exercise.

Source: Nation Press