KARNATAKA

Subir Raha receives KCCI's honorary membership

Staff Correspondent

MANGALORE: Former Chairman and Managing Director of Oil and Natural Gas Corporation Ltd. Subir Raha said here on Saturday that Mangalore could emerge as the petroleum, chemical and petrochemical investment region (PCPIR) of the country if all concerned took the project forward.

He was addressing a gathering after receiving the honorary membership of the Kanara Chamber of Commerce and Industry (KCCI) by its president John Prasad Menezes.

Mr. Raha, who was the former chairman of Mangalore Refinery and Petrochemicals Ltd. (MRPL), said that the New Mangalore Port, professional workforce of the region and high literacy rate of the district, were positive aspects of the region.

Mangalore was closer to west Asia, which had rich oil and gas reserves, than other cities in east coast of the country. This was a "plus point" for the city to become a PCPIR, he said.

The rail, road and air connectivity to the city should be strengthened, he said.

Mr. Raha said that the MRPL was one of the technologically advanced refineries in India.

Austen J. Tauro, former chairman, Indian Oil Corporation, spoke.