The Agreement between the Government of India and Messrs. Caltex (India) Ltd., for the establishment of a modern oil refinery at Visakhapatnam with an initial capacity to refine 5,00,000 long tons of crude oil per annum, in New Delhi, on March 28, 1953. Photo shows Shri A.K. Chanda, Secretary, Ministry of Production (right) and Mr. J.D. Fosque, Managing Director of Caltex (India) Ltd., signing the Agreement. Seated in the centre is Shri N.R. Pillai, Secretary to the Cabinet who presided over the signing ceremony.
photo source from pib