Public sector oil explorer ONGC’s subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL) could soon go through with its plan of opening 500 retail outlets. MRPL board had approved some years ago that 500 retail outlets would be opened at a right time. MRPL had first announced the plan in 2010 but it was put on the back-burner as diesel was still sold at controlled prices to retail customers. Retail outlet expansion plan of ONGC will bring in a fresh business opportunity for the signage companies engaging in in-shop displays, designs and related activities.
