RIL Drives $45-50 Billion Capex Spend: Moody’s

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Moody's Ratings projects Indian companies will spend USD 45-50 billion annually on capital expenditures over the next 1-2 years, with Reliance Industries alone contributing 30% of this. Major investments will focus on capacity expansion, vertical integration, and achieving net zero targets. The oil and gas sector will drive over 60% of this spending.

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