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Prime Minister Narendra Modi inaugurated several vital projects in Madhya Pradesh, including the Petrochemical Complex at Bina Refinery by Bharat Petroleum Corporation Limited (BPCL). This advanced refinery, with an estimated cost of approximately ?49,000 crore, will produce 1200 Kilo-Tonnes Per Annum (KTPA) of ethylene and propylene, essential components for industries such as textiles, packaging, and pharmaceuticals. The project aims to reduce India’s import reliance and aligns with the vision of ‘Aatmanirbhar Bharat.’ Additionally, it will generate employment opportunities and stimulate downstream industries in the petroleum sector.
The Prime Minister also initiated the development of several other projects, including a ‘Power and Renewable Energy Manufacturing Zone’ in Narmadapuram, two IT parks in Indore, and a Mega Industrial Park in Ratlam. These initiatives, collectively valued at over ?1,400 crore, are expected to boost economic growth, create jobs, and promote balanced regional development in the state.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st October 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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