Reliance-backed oil refinery in US: What makes Trump’s ‘historic $300 billion deal’ significant? Top 10 points

The proposed facility in Texas will be Reliance Industries’ second greenfield investment outside India. Reliance Industries, which has a market capitalisation of ₹18.82 lakh crore ($204 billion), runs the world’s largest integrated refinery complex at a single site in Jamnagar, Gujarat.

Mar 12, 2026 - 18:30
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Reliance-backed oil refinery in US: What makes Trump’s ‘historic $300 billion deal’ significant? Top 10 points
The proposed facility in Texas will be Reliance Industries’ second greenfield investment outside India. Reliance Industries, which has a market capitalisation of ₹18.82 lakh crore ($204 billion), runs the world’s largest integrated refinery complex at a single site in Jamnagar, Gujarat.

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