INDIAN OIL CORP TO INVEST 1 TRL RUPEES IN PETROCHEMICALS OVER NEXT FIVE YEARS

State-owned Indian Oil Corporation has unveiled a plan to invest ₹1 trillion into petrochemical projects over the next five years. The significant capital outlay is aimed at expanding its footprint in the high-growth petchem sector. This strategic shift is part of the company's long-term vision to diversify its revenue streams beyond traditional refining.