Reliance Industries plans to invest Rs 75,000 crore in the next five years to expand petrochemical capacity.
The investments, notably, will be utilized to set up a PTA plant, and expand polyester capacity. Reliance will build one of the world’s largest single-train PTA plant of 3 MMTPA capacity at Dahej. It will also invest in a 1 MMTPA PET plant at Dahej.”
Both PTA and PET will be targeted for completion by 2026.
Reliance will also reinvest in Polyester Filament Yarn (PFY) and Polyester Staple Fibre (PSF). Polyester expansion with capacity of over 1 MMTPA will be completed in phases by 2026
AJIO, integrated omni channel platform of the company, is one of the most loved fashion destinations, with 80 per cent of purchases from repeat customers. AJIO Business, Reliance’s new commerce initiative, works with merchant partners across 3,500 towns, giving them access to a collection of over 8,000 regional and national brands and a wide portfolio of our own brands.
