Question

Lakshmi Mittal, the famous NRI industrialist, is partnering with Govt. of India for which of the following big projects?

• A. Oil Refinery
• B. Atomic Power Plant
• C. Biotechnology
• D. Mining

Answer 1

The Correct Option is A

Lakshmi Mittal, a renowned NRI industrialist known for his global presence in the steel industry, is collaborating with the Government of India on a significant venture. This initiative pertains to the development of an Oil Refinery. Such projects are critical for enhancing energy production capabilities and fueling economic growth by increasing the efficiency and capacity to process crude oil into valuable products. In partnership, they aim to leverage advanced technology and expertise to establish a state-of-the-art facility, which underscores the strategic importance of energy infrastructure in India's path to industrial and economic development. The selection of an oil refinery project highlights the focus on ensuring energy security and meeting the growing demand for refined petroleum products in the country.