"We are looking at possibilities of setting up a PCPIR in coastal Maharashtra in line with a similar project successfully commissioned at Dahej in Gujarat," Ahir said during the ongoing Make in India Week here.
"The Dahej unit has attracted thousands of chemical units and huge investments. We see that Maharashtra can also attract huge investments in a similar project, if implemented," he said.
"We need to shift from gas-based urea plant to coal-based one, which will help in bringing down urea production cost by 50 per cent. Maharashtra's Vidarbha region has a lot of coal reserves and we can use it for producing low-cost urea in the country," Ahir said.
According to the minister, China is a major producer of urea using coal.
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He also said plastics, a byproduct, has the potential to become the biggest industry owing to lesser consumption in the country compared to its population.
He also emphasised on the importance of research, saying it will ensure the final product will become useful in all sectors including space, besides daily usage.