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(Plastemart) -- Reliance Industries
plans to invest US$30 bln over next five years in its various businesses, mainly
targetted at petrochemicals, exploration and production and telecom businesses
of the corporate conglomerate. The company expects its five main business in the
next 5-10 years to be petrochemicals, refining, E&P, retail and
telecom.
As per the proposed capex (capital expenditure) investment plan, RIL
would invest US$10-12 bln in petrochemicals, while spending another US$10 bln on
exploration and development of (oil and gas) discoveries already made in shale
gas in India and US.
mrcplast.com
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