Plastic Parks Scheme, Objective and Financial Support

The Plastic Parks Scheme aims to develop eco-friendly industrial zones dedicated to plastic production and processing, promoting sustainability, innovation, and employment in the plastic sector.

Sakshi Gupta Last updated on April 15th, 2025 04:00 pm Leave a comment

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Plastic Parks Scheme

Plastic Parks Scheme is implemented by the Department of Chemicals and Petrochemicals under the umbrella scheme of the New Scheme of Petrochemicals.

Objective

Promote the downstream plastic processing industry.
Encourage investment, production, and export.
Achieve sustainable growth via cluster development.

Financial Support

The Union Government provides grant funding up to 50% of the project cost.
Ceiling: ₹40 crore per project.

What is a Plastic Park?

Plastic Park is an industrial zone specifically designed for plastic-related businesses and industries.
It aims to consolidate and synergize the capacities of the plastic processing industry, promoting investment, production and exports while generating employment.

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Sakshi Gupta

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I, Sakshi Gupta, am a content writer to empower students aiming for UPSC, PSC, and other competitive exams. My objective is to provide clear, concise, and informative content that caters to your exam preparation needs. I strive to make my content not only informative but also engaging, keeping you motivated throughout your journey!