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Panel Suggests Industrial Parks For Chemical Plants

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:08 AM IST

The task force on the chemicals industry has suggested that various chemicals manufacturing units in a cluster should be segregated as part of an industrial park. Most of these units are located in Gujarat and Maharashtra.

The creation of such parks would bring down the cost of production, it said.

A similar model in Germany resulted in savings in investments of up to 40 per cent for individual constituents. Such parks have proved extremely beneficial for the software industry.

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First Published: Sep 11 2002 | 12:00 AM IST

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