At the time of its disinvestment to Reliance Industries Limited, its turnover for the financial year 2005-06 had crossed the US $2 billion mark.
Indira Gandhi, invited Shri Jayant Jyotendra Mehta (who had built the National Rayon plant at Kalyan) to head the IPCL project.
Jayant J. Mehta was the founder Chairman and Managing Director of IPCL.
The polyester units are based in Hoshiarpur (Punjab), Nagpur (Maharashtra), Barabanki (Uttar Pradesh), Baulpur (Orissa), Allahabad (Uttar Pradesh) and Silvassa (Dadra and Nagar Haveli and Daman and Diu).
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