Rs 3.4 Lakh Crore Invested in India's PCPIRs Over 12 Years
India's chemicals and petrochemicals sector has attracted Rs 3.4 lakh crore in investment through Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) over the last 12 years, according to a report by DD News published on 16 October 2026. The figure underlines sustained capital commitment to one of India's most active industrial sub-sectors.
PCPIRs are designated zones created to promote integrated development of the chemicals and petrochemicals value chain. The scale of investment reported reflects activity spanning refining, basic chemicals, specialty chemicals and downstream processing across multiple regions.
Pipeline at a Glance: 2,709 Projects Tracked Nationally
Projects India tracks 2,709 live chemicals projects across India. Thirty-eight new projects were added to the database in the last 90 days alone, signalling continued deal flow into the sector.
The stage breakdown of tracked projects illustrates where the pipeline sits today:
- Under Approvals: 939 projects
- Completed: 687 projects
- Construction Started: 408 projects
- On Hold: 190 projects
- Approvals Received: 172 projects
- Planning: 161 projects
With 939 projects currently under approvals and a further 172 having already received approvals, a substantial volume of work is approaching the procurement and construction phases in the near term.
Gujarat Dominates; Maharashtra and Andhra Pradesh Follow
The geographic concentration of chemicals projects is pronounced. Gujarat accounts for 1,675 of the 2,709 tracked projects, reflecting the state's established industrial infrastructure, port access and PCPIR footprint at locations such as Dahej and Bharuch. Maharashtra ranks second with 338 projects, followed by Andhra Pradesh at 119, Telangana at 68, Karnataka at 67 and Rajasthan at 66.
This distribution has direct implications for where equipment manufacturers, engineering firms and raw-material suppliers should focus their business development efforts. Gujarat's dominance is not marginal — it hosts more than six times the project count of Maharashtra, the next-largest state in this sub-sector.
Recent Projects Entering Execution
Several notable projects have moved into active stages recently. The table below summarises selected projects currently tracked by Projects India:
| Project | Promoter | Location | Value | Stage |
|---|---|---|---|---|
| Polycarbonate Project | Deepak Chem Tech Limited | Dahej, Gujarat | Rs 9,000 crore | Construction Started |
| Agrochemicals Project | OFB Tech Limited | Nandurbar, Maharashtra | Rs 600 crore | Approvals Received |
| Synthetic Organic Chemicals Project | Orson Resins and Coatings Private Limited | Udaipur, Rajasthan | Rs 500 crore | Construction Started |
| Ibuprofen Mfg Unit | IOL Chemicals & Pharmaceuticals Limited | Barnala, Punjab | Rs 350 crore | Under Approvals |
| Specialty Chemicals Project | Vantage Chemical Industries Private Limited | Bharuch, Gujarat | Rs 108 crore | Approvals Received |
| Silica Ramming Mass Mfg Facility | Raghav Productivity Enhancers Limited | Jharsuguda, Odisha | Rs 100 crore | Approvals Received |
| Resin Mfg Project | Rajasthan Coatings And Chemicals | Jodhpur, Rajasthan | Rs 18 crore | Under Approvals |
| API Mfg Unit | Creative Organics | Yadgir, Karnataka | Rs 5 crore | Construction Started |
The Deepak Chem Tech polycarbonate plant at Dahej, valued at Rs 9,000 crore, is among the higher-value projects currently in active construction. For broader context on recent petrochemicals activity, see also the Haldia Petrochemicals expansion and the commissioning of Kanoria Chemicals' triacetin plant in Gujarat.
What this means for suppliers and contractors
The Rs 3.4 lakh crore PCPIR investment figure reported by DD News, read alongside the live project pipeline, points to several practical implications for suppliers and contractors active in the chemicals space.
With 408 projects currently in construction and 172 more having received approvals, near-term procurement demand for equipment, civil works, instrumentation and engineering services is significant. The 939 projects under approvals represent a medium-term pipeline that will progressively feed into tendering over coming quarters.
Gujarat is the primary geography for sourcing opportunities, given that it hosts 1,675 of 2,709 tracked projects. Suppliers without an established presence or distribution network in the state — particularly in the Dahej-Bharuch industrial corridor — face a structural disadvantage in accessing this volume of work. Maharashtra and Andhra Pradesh represent secondary concentrations worth monitoring.
Project sizes vary considerably: from Rs 5 crore API manufacturing units to Rs 9,000 crore polycarbonate complexes. This range means the pipeline is relevant to small and mid-sized fabricators and contractors, not only to large EPC firms.
There are currently no open India tenders in the broader Industrial Projects sector recorded in the Projects India database at the time of publication. Suppliers should monitor the pipeline closely as approvals-stage projects convert to construction and formal procurement processes begin.
Frequently asked questions
How much has been invested in India's chemicals and petrochemicals sector through PCPIRs?
DD News reported on 16 October 2026 that Rs 3.4 lakh crore has been invested in India's chemicals and petrochemicals sector through Petroleum, Chemicals and Petrochemicals Investment Regions over the last 12 years.
How many chemicals projects are currently tracked in India?
Projects India tracks 2,709 live chemicals projects across India. Of these, 408 are in active construction, 939 are under approvals, and 172 have received approvals, indicating a substantial near-term pipeline for suppliers and contractors.
Which state has the most chemicals projects in India?
Gujarat leads with 1,675 of the 2,709 tracked chemicals projects nationally. Maharashtra is second with 338, followed by Andhra Pradesh at 119, Telangana at 68, Karnataka at 67 and Rajasthan at 66.
What are some of the largest chemicals projects currently under construction in India?
Projects India tracks Deepak Chem Tech Limited's Rs 9,000 crore polycarbonate project at Dahej, Gujarat, as among the higher-value chemicals projects currently in active construction, alongside several smaller projects across multiple states.
