Reliance Industries enters LPG retail market
Mukesh Ambani-led Reliance Industries, operator of the world’s biggest oil-refining complex, has forayed into cooking gas retailing by launching a 4-kg LPG cylinder on pilot basis. Currently, public sector retailers like Indian Oil and Bharat Petroleum control the retail LPG market. Notably, this follows the government barring consumers earning over ₹10 lakh annually from subsidised LPG.