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Government to set up Petroleum Complexes around refineries to create additional jobs

Indian government is planning to set up additional petroleum complexes around refineries in order to create more job opportunities as one of the major investment. According to minister Ananth Kumar," This will result in savings as cluster approach can reduce costs.  The projects need not be confined only to greenfield projects, but also cover brownfield projects already running at various places". India is urging the chemical industry to become competitive and not rely only on government incentives. The government can provide common facilities in these clusters, including infrastructure, effluent plants, testing and trading facilities, which can lower expenses by 25% to 30%, Kumar noted.