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Reliance to invest Rs 75,000 cr in petro-chemical business expansion

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NewsDrum Desk
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Mukesh Ambani addressing Reliance AGM

Mumbai: Reliance Industries Ltd will invest Rs 75,000 crore in the next five years to expand petrochemical capacity, its chairman Mukesh Ambani said on Monday.

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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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