FOREIGN FIRMS FIGURE IN INDIA REFINERY REVAMPS

India is pressing efforts to involve foreign companies in upgrading its refining industry. A government board chose British Petroleum plc and Caltex Petroleum Corp. to provide technical assistance to India's refineries for expansion and upgrading plans. More such involvement by foreign companies in India's downstream industries is likely in the 1990s as that country seeks to cut its imports of petroleum products. India's new government has placed greater emphasis on increased

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