MoS (commerce) E.M.S. Natchiappan lists Amritsar-Kolkata, Kochi-Chennai and Kolkata-Chennai corridors as investment
avenues for Qatar
avenues for Qatar
New Delhi
: India on Tuesday urged cash-rich Qatar to invest in India’s flagship $90 billion Delhi-Mumbai industrial corridor and other similar projects in the country.
Speaking at an event organized by Confederation of Indian Industry (CII) in New Delhi, minister of state for commerce E.M.S. Natchiappan listed the Amritsar-Kolkata corridor, the proposed Kochi-Chennai and Kolkata-Chennai corridors as projects that could be attractive investment opportunities for Qatar.
opportunities for Qatar.
“For all these we will need huge investment,” the minister said.
,” the minister said.
According to Indian officials, India has handed over a list of projects, specially in the oil and gas sector for possible investment to the Qatari side. They, however, declined
to give further details. “We have sought investment in this area. Let’s
see how the talks progress,” one of the officials said.
to the Qatari side. They, however, declined
to give further details. “We have sought investment in this area. Let’s
see how the talks progress,” one of the officials said.
India is looking at attracting up to $1 trillion in investments from countries with surplus funds like Qatar and Saudi Arabia into various areas of infrastructure such as roads, ports and railways between 2012 and 2017.
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