IndianOil plans to invest around Rs 560 million over the next two years to expand its retail network in Gujarat, reported the Press Trust of India. In addition, IndianOil’s subsidiary, IBP Ltd, intends to invest a further Rs 250 million in the state, touted as the India’s second largest consumer of the company’s oil products….
INDIA: IndianOil to invest Rs560 million in retail network in Gujarat
Posted on October 19, 2004 by EnergyAsia