You are very focused on setting up of new Plastic Parks. Please elaborate…

India, and indeed world over, plastic has come to stay. Today we are using 11 million tonnes of plastic, by the year 2020 we will be requiring 20 million tonnes of plastic. From agriculture to horticulture, in real estate, housing, automobiles, healthcare, telecommunications, space technology, everywhere you need plastics. There is no field of activity which does not have a plastic component and the amount of plastic in use is on the rise. Earlier it was 10-15 per cent. Now it is 30-40 per cent, even in areas like automobiles, space crafts, aero planes, agriculture, horticulture. In several areas the use has gone up to between 80 and 90 per cent. In your canal linings, pipelines, everything is plastic. In India, therefore, we require more and more plastic parks. India requires not less than 1 plastic park per state, but currently you hardly have four plastic parks in the entire country. We are going to fuel the construction of plastic parks in India. There is not only a misinformation about plastics—only two per cent of total plastic is used for polythene bags, but that two per cent is marring the image of the rest 98 per cent usage. The bywords for plastic are reduce, reuse, recycle.

 As another initiative under Make in India you have decided to ramp up production and building capacity in domestic manufacturing of urea and NPK fertilizers and fast-tracked revival of various fertilizer units. Please talk us through this…

Hon’be Prime Minister has given a direction to us that India should be self reliant in urea. To do so we need to have revival of plants, add new plants. Already initiatives to start plants in Gorakhpur in Uttar Pradesh, Barauni in Bihar, Sindri in Jharkhand, Talcher in Odisha and Ramagundam in Andhra Pradesh, and in Maharashtra have been taken up. Besides, MP and Karnataka will have one fertilizer plant each. You can see, therefore, there are around 9 fertilizer plans on the anvil, each one with a capacity of 1.3 million metric tonnes and each involving investments ranging between Rs 5,500 crore to Rs 6,000 crore. The total investment, therefore, is whopping—between Rs 50,000 crore to Rs 60,000 crore over the next five years. India, therefore, will become self reliant in urea in the next five years, and will become an urea exporter in the next 10 years. Right now we require about 31 million metric tonnes of urea per year. While 22 million metric tonnes are indigenously produced, 9 million tonnes are imported. With each of the upcoming plants capable of producing 1.3 million metric tonnes, we will be self sufficient. This will be “Make in India” in urea. These plants will not be stand alone plants, they will produce NPK and other fertilizers as well.