Cabinet Clears Rs 3,030 Crore Plan to Develop Three Dedicated Chemical Parks

The Union Cabinet has approved a Rs 3,030 crore scheme aimed at establishing three dedicated Chemical Parks across India. The parks will be developed by State Governments under a competitive Challenge Route framework, with facilitation from the Central Government. The initiative is designed to boost the country's chemical sector by creating focused industrial infrastructure. The scheme reflects the government's broader push to strengthen domestic manufacturing and attract investment in the chemicals industry.
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