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MoU inked to develop plastic, textile park in Odisha

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7 years ago

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Bhubaneswar, Nov 16 (IANS) The Indian Oil Corporation Ltd (IOCL) on Thursday signed two memoranda of understanding (MoUs) to set up a plastic park and textile park in Odisha.

The MoUs were signed at the Petrochemical Investors Conclave, the first-of-its-kind to attract investments to eastern India, inaugurated by Union Petroleum Minister Dharmendra Pradhan here.

IOCL and Industrial Development Corporation of Odisha (Idco) signed an MoU to collaborate in the setting up of a Plastics Park at Paradip.

Indian Oil is setting up a 700 KTA (kilo tonnes per annum) Polypropylene unit at Paradip Refinery, to be commissioned in 2018, to serve as a mother plant for downstream polymer or plastics ancillary units.

Indian Oil signed another MoU with MCPI Ltd for setting up a Textiles Park.

With the coming up of an MEG (Mono Ethylene Glycol) Unit at Paradip Refinery and availability of PTA (Purified Terephthalic Acid) in the East, the polyester downstream industry can flourish very well in eastern region as well, said Pradhan.

“By achieving synergy of cotton fibre with polyester fibre to promote and popularise synthetic textiles, the Textiles Park will majourly benefit Micro, Small and Medium Enterprises (MSMEs), with employment potential of up 22 lakhs,” he added.

Pradhan said that India’s petrochemicals sector is going through a golden period, with growth rates of 14-15 per cent per annum.

“Odisha, with ready availability of raw material, skilled, low-cost manpower, port infrastructure and rail connectivity and a large regional market, must fully utilise the opportunity to create investment opportunities in the downstream plastics park and textiles park being developed in the state,” he said.

Highlighting the developmental vision of Prime Minister Narendra Modi for eastern India, he said that accelerated development of eastern states is one of the top priorities of the Indian government.

While the per capita consumption of plastics in India is only 10 kg as compared to the world average of 32 kg, it is much lower at 5 kg in eastern India, he said.

The Petrochemical Investors Conclave has been organised to create a new inspiration and a new eco-system for the growth of petrochemicals sector in Odisha, and generate wealth for a new generation of entrepreneurs, while at the same time creating employment opportunities for the youth of the state on a large scale, he said.

Pradhan hoped that the conclave, with the theme “Purvodaya – The Dawn of New Investment Opportunities in Eastern India”, would serve as an effective platform for young investors to interact with business leaders of the petrochemicals industry, government functionaries, financial institutions, supply chain professionals as well as incubators in the academia at one place.

He also inaugurated an exhibition set up at the conclave venue.

The exhibition, with over 35 exhibitors, focussed on how the petrochemicals sector caters to a number of other sectors, by providing raw material for clothing, housing, construction, furniture, automobiles, household items, toys, agriculture, horticulture, irrigation and packaging to medical appliances.

Also present on the occasion was Odisha Finance Minister Shashi Bhusan Behera who said that the state is attracting large investments in energy, mineral and manufacturing sectors.

With the state government according high priority to petrochemicals sector, Indian Oil, as anchor tenant, will have a lead role to play in developing a PCPIR (Petroleum, Chemicals and Petrochemicals Investment Region) in Paradip, he said.

Odisha Micro, Small and Medium Enterprises Minister Prafulla Samal said that the state government is according top priority to development of Paradip, Dhamra and Bhadrak regions.

Indian Oil’s Polypropylene unit coming up at Paradip will help boost the growth of plastics industry in the state and also raise the state’s per capita consumption of plastics, he added.

–IANS
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Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok

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2 months ago

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September 19, 2024

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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.

The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.

Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.

Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.

For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.

During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.

Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.

Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .

Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.

In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.

During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.

In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.

He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.

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