A look at Reliance’s mega plans

(…) Last week, at the annual shareholders’ meet at south Mumbai, RIL chairman and managing director laid out the grand design to make the company a global leader in downstream oil, strengthen its presence in the oil refining business as also in the much sought after oil exploration and production business.

According to Ambani, RIL would pursue the organic growth strategy of scaling up existing resources as well as the inorganic route of acquisition of businesses and assets. The company is looking out for big-ticket acquisitions in the upstream and petrochemicals space.

Rediff