Of the projects scheduled to be inaugurated, the Petrochemical Complex at Bina Refinery is a state-of-the-art refinery, to be developed at a cost of about Rs. 49,000 crore, and will produce about 1200 KTPA (kilo-tonnes per annum) of ethylene and propylene- important for various sectors like textiles, packaging, and pharma, among others. This development is viewed as a step towards fulfilling the Prime Minister’s vision of 'Aatmanirbhar Bharat’, as it will reduce the country’s dependency on imports and create employment opportunities instead. PM Modi at the inauguration said "Today, the inauguration of Petrochemical Complex at Bina Refinery will help in making India Atmanirbhar...The modern Petrochemical complex will take Bina to new heights. With this new industries will come here and MSMEs will get opportunities and youth will get job opportunities.” "You all have seen how India has successfully organised the G20 Summit. The credit for the success of the G20 Summit goes to the people of the country. It is the success of 140 crore people” he added. Madhya Pradesh Chief Minister Shivraj Singh Chouhan who was also present at the event, said that the Bina Refinery Petrochemical Project was one of the most gigantic investments ever made in the state and September 14 would be marked as a historic day for Bina.“The petrochemical project is one of the most gigantic investments ever made in Madhya Pradesh. With this investment of ₹50,000 crore other investments worth ₹1 lakh crore will be made in different places of the state, which will provide employment to two lakh people. The petrochemical project of Bina Refinery will create over 4.15 lakh employment opportunities including 2.15 lakh directly or indirectly along with remaining 2 lakh," the CM said. PM Modi said, "I want to thank Shivraj Singh Chouhan and his government for giving me the opportunity to come and meet the people of the state. Today, we will lay the foundation stone of projects worth more than Rs. 50,000 crores. Even the budget for several states in our country is not ₹50,000 crores…”