Reliance-backed oil refinery in US: What makes Trump’s ‘historic $300bn deal’ significant?

2026-03-12 - 08:53

The proposed facility in Texas will be Reliance Industries’ second greenfield investment outside India. Reliance Industries, which has a market capitalisation of ₹18.82 lakh crore ($204 billion), runs the world’s largest integrated refinery complex at a single site in Jamnagar, Gujarat.