Govt Pushes Plastic Parks for Industry Growth & Waste Management

The Department of Chemicals and Petrochemicals is implementing the Plastic Parks Scheme under the New Scheme of Petrochemicals to support the development of state-of-the-art plastic processing clusters. The initiative aims to boost investment, production, and exports while generating employment in the downstream plastic processing industry.
The scheme offers grant funding of up to 50% of the project cost, capped at ₹40 crore per project. These Plastic Parks play a key role in managing plastic waste, promoting recycling, and strengthening the chemical industry. So far, 10 Plastic Parks have been approved across various states.