Home RMG Good News India keen on cooperation with Isfahan on textile, steel industry

India keen on cooperation with Isfahan on textile, steel industry

Ambassador DP Serio Stava made the remarks in a meeting with head of Isfahan Chamber of Commerce. He expressed India’s readiness to develop trade with the province and said that he would like to work as Isfahan ambassador to India. Referring to investment opportunities in tourism industry in Isfahan, the ambassador said that Tata Company, as one of Indian multipurpose investment companies can be active in the sector of hotel building in Isfahan. He said that India purchased 30 billion dollars crude oil from Iran last year and that India is willing to augment trade volume with the Islamic Republic of Iran. Head of Isfahan Chamber of Commerce said that Isfahan accounts for 70 percent of country’s steel production and existence of 2,000 textile units in Isfahan necessitate joint cooperation with India. Seyed Abdol-Vahhab Sahlabadi said that several universities are operating in the province and 8,000 industrial units are among economic advantages of the province to develop trade with India. He said that production of cement, tile and ceramic as well as construction materials in the province is an advantage and said that the Indian companies would enjoy these capacities for their development projects. Sahlabadi said that India’s textile and steel machinery prices are higher than Chinese and European and Indian manufacturers should prepare facilities for Iranian buyers. He called for signing a Memorandum of Understanding for exchange of tourists between Isfahan and India and said that considering growing trend of tourism industry in the province, Indian investors would pay a visit to Isfahan.