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Project Information
Memorandum
Paradeep
Plastic Park Odisha
Odisha Industrial Infrastrcture Development
Corporation
Project Information Memorandum – Paradeep Plastic Park
1
Table of Contents
1. Project Background............................................................................................................. 2
2. Plastic Industry Profile........................................................................................................ 2
3. SPV Profile ......................................................................................................................... 3
4. Odisha State Profile ............................................................................................................ 4
5. Proposed Business Plan for the Park .................................................................................. 7
6. Land and Site Analysis ....................................................................................................... 9
7. Proposed Master Plan ....................................................................................................... 10
8. Project Cost and Means of Finance .................................................................................. 12
9. Policy Support and Incentives .......................................................................................... 13
10. Project O&M and Implementation Framework ................................................................ 13
11. Statutory Clearance/ Approval Status ............................................................................... 15
12. Project Impact ................................................................................................................... 16
Note:
This Project Information Memorandum presents only indicative information on proposed
Seafood Park components and development details. There can be some changes during actual
implementation based on demand from the concerned stakeholders
Project Information Memorandum – Paradeep Plastic Park
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1. Project Background (a) Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals &
Fertilisers (MoCF), Government of India (GoI) has formulated the ‘Scheme for
setting up of Plastic Parks” with a view to synergise and consolidate the capacities
in Indian Plastic Industry through cluster development.
(b) Government of Odisha through its “Odisha Industrial Policy, 2007” has mandated
Odisha Industrial Infrastructure Development Corporation, (IDCO) with
promoting the PCPIR at Paradeep on PPP mode and further suggested that
concerned State Government Agencies and Central Institute of Plastic &
Engineering Technology (CIPET-Bhubaneswar) shall also be involved. Govt. of
Odisha expects to attract investments of Rs. 2.78 trillion with the Paradeep PCPIR
and other related proposals in the region.
(c) IOCL who is in the process of setting up a three lakh barrels per day refinery at
Paradeep is the Anchor Tenant for the PCPIR.
(d) The proposed Plastic Park shall be an important milestone in this direction. The
IOCL refinery, on completion shall be single and major source of entire raw
material requirement for the proposed Plastic Park. It is expected that bulk of the
demand for the plastic products to be manufactured in the proposed Plastic Park
would come from the Paradeep PCPIR itself
2. Plastic Industry Profile (a) The entire chain in the Plastic industry can be classified into (A) manufacturing of
Polymers and is called “upstream” and (B) conversion of polymers into plastic
articles and is known as “downstream”.
(b) A Wide variety of plastics raw materials are produced from petrochemicals to meet
the material needs of different sectors of the economy. These polymeric materials
are broadly categorized as commodity, engineering and specialty plastics
(c) Worldwide Plastics Industry witnessed a steady growth which is reflected in the
increased consumption figures of all types of Plastics materials. Asia has been
world’s largest plastics consumer for several years, accounting for about 30% of
the global consumption excluding Japan, which has share of about 6.5%. Next to
Asia is North America with 26% share, then Western Europe with 23% share in
the global market.
(d) The key growth segment remains “Packaging” which accounted for over 35% of
the global consumption. Amongst the individual Plastics Materials, Polyolefin
accounted for 53% of the total consumption, (PE with 33.5%, PP with 19.5%)
followed by PVC – 16.5%, PS-8.5%, PET & PU - 5.5%, Styrene copolymers (ABS,
SAN, etc) – 3.5% other engineering & high performance & specialty plastics,
blends, alloys, thermosetting plastics – 13%.
(e) The Indian plastics market is comprised of around 25,000 companies and employs
3 million people. Barring 10% - 15% of the firms, which can be classified as
medium scale operations, all the units operate on a small-scale basis. The top 100
players account for just 20% of the industry turnover. However, the degree of
Project Information Memorandum – Paradeep Plastic Park
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fragmentation is large and despite the small size of operations of the players, they
are able to operate profitably. Further, the high growth in demand ensures that the
market is able to absorb the excess capacity in quick time. Overall, the degree of
competition can be considered high in the Indian plastic processing industry.
(f) The State of Gujarat in Western India is the leading plastics processing hub and
accounts for the largest number of plastics manufacturers, with over 5,000 plastics
firms.
(g) The growth rate of the Indian plastics industry is one of the highest in the world,
with plastics consumption growing at 16% per annum (compared to 10% p.a. in
China and around 2.5% p.a. in the UK). With a growing middle class (currently
estimated at 50 million) and a low per capita consumption of plastics, this trend is
likely to continue. The Plastindia Foundation estimates that per-capita plastics
consumption in India is likely to reach 16kg by 2015.
(h) The main Plastic processing technologies in India is as tabulated in the below table.
Table 1: Processing Technologies
Technology Percentage
Injection Moulding 58%
Extrusion 30%
Blow Moulding 10%
Others 2%
(Source: Plastic Industry in India, British Plastic Foundation)
(i) A Plastic Polymer and allied cluster (PPAC) is operating at Balasore which is
approximately 125 KM from Paradeep and which was developed by IDCO in
phases in the outskirts of Balasore town in Ganeswarpur, Somnathpur and
Balgopalpur in Remuna Block. The industrial estates in the above three locations
form the three nodal centres for PPAC where most of the industrial activities are
concentrated. GoI through its IIUS scheme has also assisted for developing this
Cluster.
(j) Currently, around 100 units are operating from the cluster. Among the significant
units, majority are polymer based. Jaiswal Plastics Ltd, Jagdamba Polymers,
Gampas Plastech, OEL, Kumar Ceramics, Birla Tyres, Balasore Alloys, Emami
Paper and Oripol are some of the major operating units.
(k) The industries manufacture PVC pipes, molded furniture’s woven sacks etc for raw
material the units are dependent on western India market. However with the
availability of feedstock in PCPIR they shall procure necessary PVC resins, HDPE
resins etc from Paradeep.
3. SPV Profile (a) Project will be domiciled in the SPV, Paradeep Plastic Park Limited (PPPL)
(b) The SPV has been incorporated as a Public Limited Company of the State
Government in June 2013 and The earmarked land has been transferred to SPV
Project Information Memorandum – Paradeep Plastic Park
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4. Odisha State Profile (a) Odisha is located in the east of India. It is surrounded by the states of West Bengal
to the north-east, Jharkhand to the north, Chhattisgarh to the west and north-west,
Telangana to the south-west and Andhra Pradesh to the south
(b) Odisha has 485 km of coastline along the Bay of Bengal on its east, from Balasore
to Ganjam
(c) It is the 9th largest state by area with a geographical area of 1,55,707 sq. km which
constitutes 4.87% of total land area of India, and the 11th largest by population
with the population of 41,947,358
(d) Odisha economy has grown at a modest rate of 5.6% at 2004-05 prices in 2013-14.
As per the Advance Estimates, the anticipated growth rate of Odisha in 2014-15 is
8.78% at Market Prices in real terms at 2004-05 base. The anticipated growth rate
is 8.08% as per factor cost (9.02% at current Market Prices)
Project Information Memorandum – Paradeep Plastic Park
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Figure 1: Real Growth rates (%) of GSDP for Odisha
(e) During the year 2014-15, the share of the Service Sector is expected to be 51.16%,
that of the Industry Sector 33.45% and that of the Agriculture Sector 15.39% in
real terms at 2004-05 prices
Figure 2: Sector Composition (%) of Odisha Economy
(Source: Economic Survey of Odisha)
(f) Per capita income is an important indicator of standard of living of the people. The
per capita income (real NSDP) of Odisha during 2014-15 is estimated at Rs. 28,384
as per the advance estimate which accounted for a growth rate of 7.31% over 2013-
14.
(g) Industry sector in Odisha has emerged as a major driver of State’s economy in
recent decade. As per the advanced estimates for the year 2014-15, the share of the
broad Industry Sector to GSDP of Odisha is 33.44% as against 33.08% for the year
2013-14
6.58
11.9811.25
4.95
3.63
9.24
4.493.93
2.21
8.78
0
2
4
6
8
10
12
14
2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
(AE)
GSDP real growth rate (%)
23.49 22.97 20.75 19.57 18.50 19.07 17.99 17.20 18.39 16.30 15.39
34.12 33.14 35.65 37.73 36.86 34.32 34.35 34.21 32.72 33.08 33.45
42.39 43.89 43.61 42.70 44.64 46.61 47.66 48.59 48.89 50.62 51.16
0.00
20.00
40.00
60.00
80.00
100.00
120.00
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15
(AE)
Dynamics of Composition (%) of
Odisha's Economy
Agriculture Sector Industry Sector Service Sector
Project Information Memorandum – Paradeep Plastic Park
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(h) During the year 2014-15, the share of the manufacturing subsector is 12.57% and
that of the mining and quarrying subsector stands at 6.31% to GSDP of Odisha
(i) The broad sector has grown in real terms at 2004-05 prices at 6.60%, the growth of
the manufacturing subsector being 4.19% and that of the mining and quarrying
subsector only 2.30%
Figure 3: Number and Investment of Large Industries in Odisha in 2013-14
(Source: Economic Survey of Odisha)
(j) Odisha Industrial Policy Resolution (IPR), 2015 provides a robust policy
framework for industrial promotion and investment facilitation in the State. IPR
2015 offers a number of incentives and policy directives with an objective to
accelerate the pace of industrial growth in India
(k) Odisha Industries (Facilitation) Act, 2004 has been enacted and the Odisha
Industries (Facilitation) Rules, 2005 have been framed and issued with a view to
ensure single window clearance system in the State
(l) If the estimated demand is compared with availability, the State has had a
constituent surplus. As regards to the supply of power, there are three sources:-
the State
the Center
Captive Power Plant by major industries
(m) In 2013-14, the State’s share was 52% and that of the Central sector was nearly
42%. The remaining 6% came from Captive Power Plants and other sources
(n) Odisha’s road network is 3.3 million km long and carries 65% of freight and 80%
of passenger traffic. The road network of the State consists of national highways,
state highways, major district roads and village rural roads
77788.6
6813.12
3748.86
3624.32
0 10000 20000 30000 40000 50000 60000 70000 80000 90000
Engineering and metal based (147)
Glass and ceramic (25)
Chemcial and allied (14)
Others (27)
Investment Amount (Rs. Crores)
Project Information Memorandum – Paradeep Plastic Park
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(o) Railway routes pass through 23 districts of the State, excluding Boudh, Deogarh,
Kandhamal, Kendrapara, Malkangiri, Nabarangpur and Nayagarh. By the end of
2013-14, the State had 2540 km of railway lines. Railway density (railway route
length per thousand sq. km) in the state is around 16 km, while national railway
density is around 20 km
(p) There is presence of major ports at Paradeep and Gopalpur. Being a maritime State
with 480 km coastline, it has 13 potential sites for development of minor ports
(q) Telecom acts as a stimulus for the development process. The telecommunication
network in Odisha has vastly expanded over the years. During 2013-14, there were
2.55 telephone subscribers in the state, which is about 2.78% of that of India
5. Proposed Business Plan for the Park (a) The main objectives for promotion of the Plastic Park is to make it a state-of-art
manufacturing base for the downstream plastic industry comprising conversion of
polymers into plastic articles with support facilities ranging from warehouse for
raw material and finished products, simulation and testing facilities as well as
finishing and packing under one roof.
(b) The Park would thus have units engaged in injection moulding, blow moulding and
extrusion moulding and shall cater to the requirements of a wide array of
applications like agriculture, infrastructure, automobile, construction, consumer
goods, telecommunication, packaging, healthcare etc., for export and domestic
market
(c) The raw materials for the plastic processed articles are the polymers in the form of
granules made out of resins and compounds manufactured in the “upstream”
industry. The “upstream” industry process flow resulting in polymers is presented
in the figure below.
Project Information Memorandum – Paradeep Plastic Park
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Figure 4: Manufacturing Process for Raw Material for Downstream Industry
(d) These following polymers form the basic raw material for the “downstream” plastic
industry as listed below and are made available in the form of granules/ resins etc.
(i) Polyester
(ii) Polyvinyl Chloride (PVC)
(iii) Low Density Polyethylene (LDPE)
(iv) Linear Low Density Polyethylene (LLDPE)
(v) High Density Polyethylene (HDPE)
(vi) Polystyrene
(vii) Nylon
(viii) Polycarbonate
(ix) Polybutadiene
(x) Acrylic Fibre
(xi) Polyacrylates
(xii) Polypropylene
(e) IOCL the Anchor Tenant at Paradeep, in its Phase-I A along with the refinery using
its FCC streams is setting up a Poly Propylene Unit through gasification process
with a production capacity of 7 lakhs tons per annum and a PVC Unit with
production capacity of 6 lakhs tons per annum.
Fractional Distillation & Selective Absorption
Polyacrylates
DMT
Polyester
Ethylene
Glycol
HDPE/ LLDPE
Ethylene
Di-Chloride
Vinyl
Chloride
LDPE
Polybutadiene
Ethyl
Benzene
Adipic
acid
Nylon
PC
HMD
Styrene
Polystyrene Acrylic Fibre PP
Bisphenol A
DMC/
COCl2
Polyvinyl Chloride
Acrylates
Acrylonitrile
H2SO4
NH3
NH3
Alcohol
Propylene p-Xylene Butene-1 Benzene Butadiene Ethylene
Crude oil/ Petroleum
Naphtha/ Natural Gas
Project Information Memorandum – Paradeep Plastic Park
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(f) In the phase–II IOCL shall set up a Naphtha Cracker unit producing Ethylene and
Propylene with capacity of 10 lakh tons per annum and 5 lakhs tons per annum
respectively.
6. Land and Site Analysis (a) The Plastic Park is proposed to be located near Siju Village in Kujanga Tehsil of
Jagatsinghpur District in Odisha State on 120 Acres of land to be carved out from
the 474 Acres of Land available with IDCO
(b) The site is about 2.5 Km from NH-5A in Siju Village in Kujanga Tehsil,
Jagatsinghpur District
(c) The site at present is directly accessible from the IOCL Main Road connecting
NH-5A and IOCL Refinery. IDCO further proposed to develop a 150’ wide road
from NH-5A providing another direct access to the site.
Figure 5: Satelite Image of Site for Paradeep Plastic Park
Figure 6: Satellite Image of IDCO Land in the Project Site
Project Information Memorandum – Paradeep Plastic Park
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(d) The proposed location for the Plastic Park is well connected with road, rail and air
connectivity and is strategically placed to cater to the needs of the hinterland as
well as major industrial clusters across the State and Country.
NH-5A : 2.5 Km
SH 12 : 3 Km
Nearest Bus Terminal @ Paradeep : 5 Km
Rail connectivity @ Paradeep : 3 Km
Sea port @ Paradeep : 10 Km
Nearest Airport @ Bhubaneswar : 120 Km
Paradeep PCPIR : 1 Km
Paradeep IOCL Refinery : 5 Km
(e) The site of 120 acres is in the shape of a square with irregular boundary on the
south while the rest of the sides are regular. Proposed 150’ wide IDCO road
connecting the NH-5A passes adjacent to western boundary of the site. Also
proposed parallel to the western boundary is the Haridashpur-Paradeep railway
line. The site is bounded by private/ agricultural lands on the South and by IDCO
land on all other sides.
(f) The site has a gentle and minimal slope from the west to east towards an existing
canal that runs through the IDCO land and the average slope across the site is 1:300.
The entire site is course sandy loam in nature, the details of which shall be
ascertained through geo-technical investigations. The site has no major constraints
but necessitates filling by about two feet to match the levels of the IOCL main road
7. Proposed Master Plan (a) The master plan for the park has been so designed to maximize the area under
industrial plots and the common facilities that support the industrial needs.
Accordingly, industrial plots account for 58.1% and common amenities account for
about 10.2% of the total area. The proposed land use pattern is presented as below:-
Table 2: Land Use Pattern
S. No Components Area (Acres) % of Area
1 Roads 15.43 12.9%
2 Utilities (Common Infrastructure) 10.65 8.9%
3 Common Facilities (Amenities) 12.21 10.2%
4 Industrial Plots 69.71 58.1%
5 Open Spaces/ Green Areas 12.00 10.0%
Total 120.00 100.0%
Project Information Memorandum – Paradeep Plastic Park
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(b) The Park is envisaged as a self-contained facility with appropriate common
facilities and social infrastructure facilities. Common amenities would consist
mainly of facilities provided in line with the requirements of the plastic park as
well as the norms applicable to such development
(c) The concept envisages a central and functional provision of common facilities in
the site along the main approach road. This would form a social node, or service
hub for the entire site effectively crystallizing the image of the Park in a single
location and to present an impressive façade from the main entry to the heart of the
Park
(d) Various infrastructure components planned for in the Park are presented in the
Table below:
Table 3: Project Components for Paradeep Plastic Park
S. No Infrastructure Components
1 Physical/ Utility
Infrastructure
Road network & Storm Water Drainage
Footpaths & Utility Corridors
Domestic & Industrial Water Supply System
Sewerage Collection System
Sewerage Treatment Plant
Solid waste Management & Plastic Waste
Recycling
Street Lighting System
Electrical Distribution System
Telecommunications
2 Support Services/
Common Amenities
Administration & Park Management offices
Service Providers’ offices
Investor services’ centre
PPEC-CIPET centre for testing & training
Design & product sampling facilities
Trade & Display facilities
Warehousing facilities/ Raw material depot
Packaging Unit
Crèche, first-aid Centre, Bank
Kitchen and dining facilities
3 Social Infrastructure Housing for managers, executives
Dormitories for Workers
4 Building for Production
Activities
Factory Buildings for Production
(e) The master plan for the proposed Plastic Park has earmarked a total area of 69.71
acres for creation of a total 80 industrial plots of various sizes as above mentioned.
The average industrial plot sizes provided for and the numbers are presented in the
table below
Project Information Memorandum – Paradeep Plastic Park
12
Table 4: Industrial Plot Distribution
S. No. Type of Units Nos. Area/ Unit
(Acres)
Total Area
(Acres)
1 Micro 20 0.24 4.87
2 Small scale 29 0.54 15.62
3 Medium scale 25 1.37 34.16
4 Large scale 6 2.51 15.06
Total 80 69.71
(f) However the plot sizes are intended to be kept flexible for the changing demand
and accordingly, the master plan shall ensure that different plots may either be
merged together or a single plot may be further sub-divided.
8. Project Cost and Means of Finance (a) Based on the detailed estimates for the various facilities proposed in the Park, the
cost of the components eligible under the “Scheme for Setting up of Plastic Parks”
is estimated at about Rs. 10,678 Lacs
Table 5: Project Cost Details
S. No Name of the Component Amount
(Rs. Lacs) Share (%)
1 Land (120.00 Acres) 2,160.00 20.2%
2 Physical/ Utility Infrastructure 5,101.08 47.8%
- Site Development & Compound Wall 983.32
- Road Network 1,858.55
- Storm Water Drainage 549.94
- Water Supply 244.42
- Sewerage system 114.20
- Integrated Solid Waste Management System 16.83
- Power Supply 1,149.91
- Street Lighting 108.91
- Telecom & IT Infrastructure 25.00
- Signage and Landscaping 50.00
3 Common Amenities including Equipment for
Testing/ Training/ Design facilities
2,810.61 26.3%
- Administration Complex 256.79
- PPEC including Equipment/ Plant &
Machinery
1,613.63
- Ware housing facility 418.34
- Truck Parking facility 21.48
- Workers' Dormitories and Managerial
Accommodation
500.37
4 Soft Interventions 70.00 0.7%
5 Administrative, Contingencies and Pre-operative
Expenses
259.41 2.4%
6 Design, Engineering & Supervision Fees 276.91 2.6%
Project Information Memorandum – Paradeep Plastic Park
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S. No Name of the Component Amount
(Rs. Lacs) Share (%)
Eligible Project Cost (Scheme for Setting up
Plastic Parks)
10,678.00 100.0%
(b) IDCO proposes to position the project for assistance by way of Grant of 50% of
eligible components (ceiling of Rs. 40 crore) under the Scheme for Setting up of
Plastic Parks (SPP) of Department of Chemicals and Petrochemicals (DCPC),
Ministry of Chemicals & Fertilisers (MoCF), Government of India (GoI).
(c) The balance requirement is proposed to be met by equity infusion by the sponsors/
promoters, other participating entrepreneurs and term loans.
(d) The proposed means of financing for the project cost eligible under SPP is as below.
S. No Sources Amount
(Rs Lacs) % Share
1 Promoters’/ Equity Contribution 2,931.00 27.45%
2 Unsecured advance from IDCO to SPV (Land
Cost)
2,160.00 20.23%
3 Grant under Scheme for setting up Plastic Parks 4,000.00 37.46%
4 Term Loans 1,587.00 14.86%
Total 10,678.00 100.00%
9. Policy Support and Incentives (a) The industrial units will be eligible for the incentives available for Priority Sector
under Industrial Policy Resolution, 2015 of Government of Odisha
(b) Government of Odisha will support quality infrastructure in the form of a capital
grant to industrial parks/ cluster parks promoted by private sector or industry
association or user units in a cluster format, with a grant of 50% of the
infrastructure cost with a ceiling of Rs. 10 crore per park or cluster.
(c) In order to attract lead investment by a reputed investor which would promote and
facilitate further investment in the designated industrial Park/ Estate, the following
incentives shall be provided to the first tenant industry
(i) 25% subsidy on cost of land
(ii) VAT reimbursement for additional 2 years subject to the overall limit
10. Project O&M and Implementation Framework (a) The Industrial Units, Government of India and Government of Odisha through
IDCO would be key stakeholders in the Project. The Project Management
Consultant would provide the requisite techno-commercial and financial
competencies to the stakeholders
Project Information Memorandum – Paradeep Plastic Park
14
(b) The SPV shall enter into a Shareholders’ Agreement with all its shareholders
detailing the rights and responsibilities in relation to the shareholding and new
shareholders shall execute the “Deed of Adherence”
(c) The SPV shall enter into a Leave and License Agreement with the Units, which
shall provide rights to the Units for setting up plastic products/ parts manufacturing
facilities in the Park and also contractually bind the Units to pay all such charges
as may be levied by the SPV for the allotment, development and maintenance of
infrastructure assets and provide recourse by way of right to replace Units that have
defaulted in respect of payments to the SPV or which do not commence operations
within 6 months from the date of commencement of commercial operations of the
Park
(d) The entire implementation and O&M framework for the Project would be
documented by way of appropriate agreements and contracts as described in the
schematic diagram below:
Figure 7: Proposed Contractual Framework
Figure 8: Project Implementation Schedule (w.r.t November 2015)
Activity M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12 M13 M14
Bid Evaluation
and Award of
Contract for
Single Package
Tender
Site Cleaning
and Grading
Project Information Memorandum – Paradeep Plastic Park
15
Internal Road
Storm Water
Drainage
Water Supply
Network
Sewerage
Collection
Network
Electrical
Supply System
Common
Facility Building
11. Statutory Clearance/ Approval Status
Sl.
No.
Type of
Approval/
Clearance
Approving
Authority/
Body
Approval
Procedure Current Status
1 Government of
India (GoI)
Approval
under DCPC
Scheme for
Setting up of
Plastic Parks
Department of
Chemicals and
Petrochemicals
(DCPC),
Ministry of
Chemicals &
Fertilizers
(MoCF)
Submission of
Final Master Plan
and DPR along
with requite
documentation as
per Mega Food
Park Scheme
Guidelines
The Final Approval
has been accorded to
this project for
sanction of Grant of
Rs. 50 Crores
2 Environmental
Impact
Assessment
(EIA) Study
Odisha
Pollution
Control Board
(OPCB)
The project
requires the EIA
study to be
undertaken
Form 1 has been filed
with OPCB
The EIA study report
is under preparation
based on the ToR
issued by OPCB
3 Consent for
Establishment
State Pollution
Control Board
The project
requires an
application to be
made through
Form IV (A) (a) to
the State Pollution
Control Board for
obtaining the
Consent for
Establishment
Clearance for both
air and water
Process under
execution for filing the
Application with the
concerned authority
Project Information Memorandum – Paradeep Plastic Park
16
Sl.
No.
Type of
Approval/
Clearance
Approving
Authority/
Body
Approval
Procedure Current Status
4 Power CESU The Project
requires
application under
Consumer
Category - Allied
Agro-industrial
Activities category
to CESU through
Form No.-2.
Approval has been
received from CESU
for 500 KVA
substation(construction
power requirement)
and for 2 x 8MVA
33/11 KV substation
12. Project Impact (a) The Plastic Park will directly benefit the Plastic sector in the State of Odisha and
all other major industrial verticals like agriculture, infrastructure, automobile,
construction, consumer goods, telecommunication, packaging, healthcare etc in
Odisha will stand to benefit from savings on transportation and other costs due to
the availability on demand of necessary plastic parts from the units to be setup in
the proposed Plastic Park
(b) Further the proposed Plastic Park shall be a stepping stone for the development of
the Paradeep PCPIR
(c) The Park will create the potential for harnessing local entrepreneurship,
consequential growth of secondary and tertiary sectors in the area in general and
around the project site in particular