UPDATE 1-India's Reliance to source 1.5 mln tonne/year of ethane from U.S.

MUMBAI, Aug 20 (Reuters) - India's Reliance Industries Ltd is to import 1.5 million tonnes a year of ethane from the United States to use as feedstock for its crackers, as the company looks to take advantage of its investments in the prolific North American shale gas industry.