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Reliance to invest ₹75,000 crore in petrochemical expansion

Reliance Industries chairman Mukesh Ambani said the investments will be in setting up a PTA plant, expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit in the UAE.

Published on: Aug 29, 2022, 15:52:22 IST
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Reliance Industries Ltd will invest ₹75,000 crore in the next five years to expand petrochemical capacity, its chairman Mukesh Ambani said on Monday.

Reliance Industries will expand its petrochemical capacity.  (REUTERS)
Reliance Industries will expand its petrochemical capacity.  (REUTERS)

Speaking at the company's annual general meeting, he said the investments will be in setting up a PTA plant, expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit in UAE.

 
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Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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