Hinduja Group India Ltd. has expressed interest in the chemical hub being planned by the Bengal government in the Nayachar-Haldia region. The group has major plans on the cards to invest in India's oil and gas sector, and Bengal could feature in its scheme. The Hindujas are mulling construction of a petrochemical/chemical plant.
This intent, though at a very elementary stage, is the clearest statement of intent yet from any major private sector group for participation in the Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) the state government is planning in Nayachar and Haldia.
The Hindujas plan to invest US$50 billion over the next 4-5 years in various sectors in India, and have also shown interest in healthcare, and might build a super speciality hospital or even a large "medicity" with facilities for teaching and training.