IOC investment push: Oil giant to spend Rs 1.66 lakh cr in 5 years, focus on refining and renewables
Saturday, 30 August 2025 () Indian Oil Corporation is set to invest Rs 1.66 lakh crore over five years, expanding refining capacity and venturing into petrochemicals, natural gas, and renewables. The company aims to boost petrochemical production, diversify into green energy with a Rs 2.5 lakh crore outlay, and expand its pipeline network and fuel station infrastructure.
Tesla has officially entered India, launching its first showroom at Mumbai’s BKC with the Model Y on display. Priced at ₹61 lakh on-road, the Model Y marks Tesla’s push into India’s luxury EV..