18.75 (1.30%) Reliance Industries (RIL) is planning to spend Rs 2,270 crore to remove production bottlenecks at its flagship Vadodara Manufacturing Division (VMD) as part of a plan to increase petrochemical output. The planned modifications and de-bottlenecking would result in enhanced production, with minimum investment on supporting facilities than that required for setting up new stand-alone production units.
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.