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Published in:

Volume 7 Issue 3
March-2020
eISSN: 2349-5162

Unique Identifier

JETIR2003122

Page Number

788-799

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Title

Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujrat: Performance Analysis

ISSN

2349-5162

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" Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujrat: Performance Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 3, page no.788-799, March-2020, Available :http://www.jetir.org/papers/JETIR2003122.pdf

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Abstract

Neoliberal agenda of development followed since libralisation and globalisation of the Indian economy in 1991 has expanded the role of the states enormously and shifted the onus of economic development on its constituent states. In consonance with this development model Gujrat like other Indian states has started promoting export promotion policy, a shift away from import substitution based development strategy. Since last two decades Gujrat Government is vigorously promoting industrial development in the state with appropriate policy changes including wide range of tax concessions, incentives , minimal regulations and development of world class infrastructure needed for industrial development, export promotion, attracting domestic as well as foreign direct investment (FDI) and generating employment. The Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) policy announced by the Government of India (GoI) in April 2007 approved four PCPIRs in the country with the view to develop industrial corridors in the petroleum, chemical and petrochemical sectors of the country. Dahej PCPIR in Gujrat is the most successful PCPIR in the country in terms of investment, infrastructure development, exports and employment generation . In this backdrop present paper seeks to analyze basic features of PCPIR policy, current status of Dahej PCPIR in Gujrat including details of infrastructural support and benefits of establishing this PCPIR in terms of investment,employment generation and exports. The paper further discusses certain key drivers for success of Dahej PCPIR . Finally concluding section suggests some policy intervention for the future success of well established and growing chemical and petrochemical industry.

Key Words

PCPIRs, industrial development, SEZs, infrastrcture development, exports,investment,employment generation

Cite This Article

" Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujrat: Performance Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 3, page no. pp788-799, March-2020, Available at : http://www.jetir.org/papers/JETIR2003122.pdf

Publication Details

Published Paper ID: JETIR2003122
Registration ID: 229559
Published In: Volume 7 | Issue 3 | Year March-2020
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.23264
Page No: 788-799
ISSN Number: 2349-5162

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Cite This Article

" Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Gujrat: Performance Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 3, page no. pp788-799, March-2020, Available at : http://www.jetir.org/papers/JETIR2003122.pdf




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