Correct option is A
The correct answer is (a) Indian Petrochemicals Corporation Limited.
Indian Petrochemicals Corporation Limited (IPCL) was established in 1969 and is considered the first major petrochemical company in India.
IPCL was set up by the Government of India to boost the production and development of petrochemical products in the country.
The company played a pivotal role in the Indian petrochemical industry until its merger with Reliance Industries Limited (RIL) in 2007.
Information Booster:
National Organic Chemical Industry Limited (NOCIL): Established in 1961, NOCIL is known for producing organic chemicals and rubber chemicals, but it is not considered the first petrochemical company in India.
Gas Authority of India Limited (GAIL): Founded in 1984, GAIL is primarily involved in natural gas processing and distribution, and not directly a petrochemical company.
Haldia Petrochemicals Limited (HPL): Incorporated in 1985, HPL is one of the major petrochemical companies in India, located in Haldia, West Bengal, but it was established after IPCL.