India’s leading petrochemical industry has announced its future investment plans last week. It will be investing around 5 billion dollar in its refining and petrochemical business by March 2016. This year company witnessed an 12% increase in net profit of April-June 2015 quarter. The profit margins were of around Rs.63.18 billion. According to company sources, its refining margins are highest in last six years. Thus company has decided to make more investment in this sector and expand the existing capacities. The expansion plan is likely to get completed by 2017.
