National Programme on Petrochemicals Development

The Government has approved the National Policy on Petrochemicals in April 2007 with the aim to increase investments and competitiveness both in the upstream and downstream sectors, encourage modernization of downstream processing units, promote research and development, develop adequate skilled manpower, etc., with an overall objective to achieve an environmentally sustainable and healthy growth of the petrochemical sector. Subsequently, the Department formulated and implemented three schemes viz.
1)National Awards for Technology Innovations in Petrochemicals and downstream Plastic Processing Industry, 2)Setting up of Centres of Excellence in polymer technology and 
3)Setting up of dedicated Plastic Parks to promote a cluster approach in the areas of development of plastic applications. 

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