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Ioc Plans To Double R & D Spend

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BUSINESS STANDARD

Indian Oil Corporation (IOC) is planning to double its research and development (R&D) spend from Rs 60 crore to Rs 120 crore. The oil major has also outlined a large number of projects to be taken up by its R&D centre located in Faridabad.

The proposal will come up for clearance at IOC

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First Published: Sep 17 2002 | 12:00 AM IST

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