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The projected investment on full realisation of Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs) is ₹7.63 lakh crore and employment generation is expected around 33.96 lakh persons, according to the Detailed Project Reports (DPRs).
The information was given by the Minister of State for Planning (Independent Charge) and Chemicals and Fertilizers, Rao Inderjit Singh in the Lok Sabha, while replying on the current status of PCPIRs projects. He added, as per the policy resolution on PCPIRs, it is a specifically delineated investment region with an area of around 250 square km. The actual notified area of the four PCPIRs include Dahej (453 sq km), Visakhapatnam–Kakinada (640 sq km), Paradeep (284.15 sq km) and Cuddalore and Nagapattinam (256.83 sq km).
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