Ibp Plans Rs 1,000 Crore Retail Outlet Thrust

Oil marketing firm to set up 1000 more outlets in current fiscal

Oil marketing company IBP Ltd is planning to invest Rs 1,000 crore by the end of the next financial year to set up new retail outlets (ROs) and upgrade the existing ones.

A K Sinha, director, (finance) of the company, said, IBP would add another 1,000 outlets this fiscal.