WHY RELIANCE INDUSTRIES SHIFTING FOCUS AWAY FROM INDIAN PETROCHEMICAL SECTOR ?
Reliance Industries Ltd. (R I L) , a large Indian company , has expanded and grown in a spectacular manner during the last few decades, like of which no industrial group in India has performed before.
RIL is now involved in multi various activities relating to petroleum refineries, petrochemicals, oil and gas exploration, coal bed methane, life sciences, retail business, communication network, ( Jio platform) media/entertainment etc. While these activities may look unrelated for an observer, Mukesh Ambani , the chief architect of RIL seems to view them as related activities, as all of them have money making potentials.
Recently, Mukesh Ambani has gone for diversification projects in consumer sector .
RIL’s performance in refinery, petrochemical and oil & gas explora...