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Reliance planning to invest Rs 75,000 crore to expand petrochemical capacity

29 Aug 2022 Evaluate

Reliance Industries is planning to invest Rs 75,000 crore in the next five years to expand petrochemical capacity. The investments will be in setting up a PTA plant, expanding polyester capacity, tripling capacity of vinyl chain and a chemical unit in UAE.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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Company Name CMP
Reliance Industries 1236.00
Indian Oil Corpn. 132.20
Bharat PetroleumCorp 299.00
HPCL 345.15
MRPL 166.95
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