Which was the first petrochemical company in India?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Indian Petrochemicals Corporation Limited.
- Indian Petrochemicals Corporation Limited (IPCL) was the first petrochemical company established in India.
- Founded in 1969, it played a pioneering role in the country's petrochemical industry, producing a wide range of products such as polymers, synthetic fibers, and chemicals. IPCL significantly contributed to the growth and development of the petrochemical sector in India until its eventual merger with Reliance Industries Limited in 2007.