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India invites Kuwaiti companies to invest in petrochemical projects in India

7:30 AM MDT | March 12, 2013 | Deepti Ramesh

India’s Ministry of Petroleum and Natural Gas has invited Kuwaiti companies to invest in various petrochemical projects in India, the Indian government says. Veerappa Moily, minister of petroleum and natural gas, during a meeting with Sheikh Nasser Sabah Al Ahmed Al Jaber Al Sabah, minister of Amiri Diwan affairs, from Kuwait, said that companies based in Kuwait should explore the possibility of investing in and acquiring stakes in Indian petrochemical project such as those located at Dahej, Mangalore, and Paradip. Sheikh Al Sabah welcomed the proposal for...

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