Tamil Nadu Chief Minister K. Palaniswami on Wednesday said a petrochemical plant in the state would not only help domestic tyre companies to locally source synthetic rubber but also create jobs.
Inaugurating the CEAT Ltd”s Tyre plant near here Palaniswami said presently tyre companies import a crucial raw material synthetic rubber.
He said a petrochemical project in the state would enable the tyre makers to source the raw material locally and the project would generate jobs.