In a bid to become a leading exporter of refined petroleum products, India is seeking partners from UAE and Gulf to invest in refining and petrochemical projects in Andhra Pradesh, Karnataka, Orissa and Gujarat. Investors from the Gulf region have the advantage of geographical proximity with India, and the surplus liquidity to invest as well as the intent to diversify its basket of foreign investments.
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Sunday, August 12, 2007
India seeks investors from Gulf for refining and petrochemical projects
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