Petrochemicals, consumer retail and telecom to drive growth at RIL in the next few years

10-May-11
Reliance Industries Ltd. will look to its petrochemicals, consumer retail and telecommunications businesses to drive growth in the next few years, as per company Chairman Mukesh Ambani. Reliance has embarked on a major capacity creation initiative in petrochemicals, encouraged by strong demand forecasts for petrochemicals and fibers, to become the world's largest integrated polyester producer. The company's new projects represent the largest-ever investment by Reliance in a sector and the biggest capital commitment in the global petrochemicals segment as well.
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