RIL awards $ 15 mln contract to South Arabian firm

Dubai, Feb 7 (UNI) A Saudi Arabian cable manufacturing company has won a 15 million dollars contract from Reliance Industries to supply cables for the latter's Jamnagar project.

Jamnagar project is the world's largest grassroot refinery and aromatics complex.

''The move is significant because smaller firms from the region often found it difficult to enter the Indian market,'' spokesman of the company, Middle East Specialised Cables Co, was quoted by media reports as saying.

Reliance's decision to look outside India was due to a bad experience it had during the first phase, he said.

''In the last few weeks we have received inquiries from petrochemical companies in India simply because of our new relationship with Reliance,'' he added.

UNI