11 Dec 2014
New Delhi – Reliance Industries (RIL) has announced that it will set up joint venture with Russia’s Sibur to build a butyl rubber manufacturing plant in Gujarat.
In a press release on 9 Dec. the Indian company said the deal would be signed during the one-day visit by Russian President Vladimir Putin to India on 11 Dec.
According to news reports from India, as expected, Putin highlighted the deal in his news brief with the Indian Prime Minister Narendra Modi on 11 Dec.
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