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Paradip to Turn into a Petrochemical Giant with Indian Oil’s Rs 61,000 Crore Naphtha Cracker Project

Summary by Interview Times
Indian Oil Corporation (IOC) is set to redefine Odisha’s industrial landscape with its plan to invest Rs 61,000 crore in a mega naphtha cracker unit in Paradip. This project, slated to be one of the largest petrochemical ventures in eastern India, represents a strategic shift towards value-added downstream industries.   What is a Naphtha Cracker?   A naphtha cracker breaks down hydrocarbons into basic building blocks like ethylene and propylene,…
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Interview Times broke the news in on Saturday, April 5, 2025.
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