In commitment to O2C business, Reliance to invest Rs 75,000 cr in petchem expansion
Reliance Industries NSE -0.11 % chairman Mukesh Ambani announced an investment for Rs 75,000 crore in the next five years in the petrochemical business.
On the occasion of the 45th AGM, Ambani said that the new investments will be in setting up a PTA plant, expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit in UAE.
