IOCL targets $1 trillion revenue by 2047, to enter data centres, nuclear power, battery and mining sectors

Indian Oil Corporation Ltd (IOCL) is strategically diversifying into sectors like data centers, nuclear power, and battery manufacturing to achieve $1 trillion in revenue and net-zero emissions by 2047. The company aims to significantly expand its refining and petrochemical capacities, alongside substantial growth in green energy and natural gas distribution.