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25 June 2008 at 15:55 IST
Cairn India to invest $2 billion for its Indian operation
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.
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