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Cairn India to invest $2 billion for its Indian operation

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Cairn India Ltd, a unit of UK's Cairn Energy Plc, plans to invest $2 billion over 18 months in its Indian operations, Chairman Bill Gammell said at a shareholders meet on Wednesday,reports Reuters.

Cairn expects to start production at its Mangala oil field in the western state of Rajasthan in the second half of 2009, he said.
NCDEX SUGARM200JUL12 20 July 2012 contract was trading at Rs 0 . What's your view on it?
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