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After years of global success, Reliance Industries faces oil shock at home

Photo #1 from Bir Dosanjhan, India by Manpreetsingh made on 2018-10-29 10:47 for Sola

Reliance Industries , currently India's second most valuable listed company, got rich by trading fuel across Asia, Africa and Europe while effectively ignoring its home market.

Reliance's refineries processed crude from the nearby Middle East and sold fuel to fast-growing markets in North Asia including China, Japan, South Korea and Taiwan.

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