SOURCE: Industrial Info Resources

May 19, 2008 06:00 ET

Indian Oil Corporation to Invest $11 Billion in Refining, Petrochemical Industries, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - May 19, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- State-run Indian Oil Corporation Limited (New Delhi) has announced plans to invest about $11 billion in the refining and petrochemical industries of India, Africa, and in central and western Asian countries by 2012.

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