Diversification Strategy: IOC’s Foray into Petrochemicals and Renewable Energy State-owned Indian Oil Corporation Ltd. (IOC/IOCL) is executing one of the largest strategic pivots among India’s oil majors: simultaneous, capital-intensive expansion into petrochemicals while scaling renewable-energy capacity and low-carbon fuels. The … Continue reading Diversification Strategy: IOC’s Foray into Petrochemicals and Renewable Energy