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Article: Iran seeks help from Indian firms in building manufacturing base.
- Article from:
- Economic Times (New Delhi, India)
- Article date:
- January 12, 2005
CopyrightCOPYRIGHT 2005 The Economic Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jan. 12--NEW DELHI, India -- Having been cornered by the United States and its allies in the developed world, Iran is now courting India Inc to build its manufacturing base.
From automobile to steel to cement to refinery & distribution, to fertiliser and petrochemicals, the Iranian government is knocking at the doors of Indian companies asking for technology and technical expertise.
In return, Indian firms can expect better deals in the Iranian oil and gas sector. Any doubts about this issue were cleared by the delegation that participated at the recent oil ministers conference in Delhi.
India is hoping to increase its interests in Iran's oil ...