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Shell's India Expansion Plan: Oil Giant Acquires Raj Petro Specialities
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Shell's India Expansion Plan: Oil Giant Acquires Raj Petro Specialities
Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the third biggest lubricants market in the world, a top company official said.Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100% equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenn…
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