Gas pipeline project set to create investment opportunities in Rajasthan
The Hindu
Work initiated to develop new industrial areas for sector-specific clusters near the pipeline route
The Mehsana-Bathinda natural gas pipeline project passing through Rajasthan is set to create new investment opportunities in the State and make existing industries competitive. The work has been initiated for developing new industrial areas to promote sector-specific clusters near the gas pipeline route. Rajasthan State Industrial Development and Investment Corporation (RIICO) Managing Director Ashutosh A.T. Pednekar said here on Saturday that the pipeline infrastructure would create tremendous investment opportunities in the ceramic and glass, food processing, mineral, textile and pharmaceutical sectors. “The availability of natural gas will help develop Rajasthan as an industrial power house of the country. With an investment-friendly policy framework, RIICO will be prompting horizontal industrialisation with the establishment of about 100 new industrial areas,” Mr. Pednekar said at a virtual event of the Rajasthan chapter of the PHD Chambers of Commerce and Industry.More Related News