SOURCE: Industrial Info Resources

December 13, 2007 08:01 ET

India's Reliance Industries Projects $24 Billion Investment in Gulf Petrochemicals, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 13, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- During 2007, there have been a number of major project investment moves, which are binding India and the UAE/ Gulf of Arabia states together in long-term strategic ventures and close complementary fits featuring India's hydrocarbon requirements and the Gulf's desire for development partners to enlarge the local industrial base and bind the region into a central position in the global processing and manufacturing sectors. India and the Gulf states face each other east/west across the Indian Ocean, which gives the regional grouping geographic sense.

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