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Indian industrialists intend to expand collaboration with Azerbaijan

25 August 2010 08:23 (UTC +04:00)

New-Delhi. Lachin Sultanova â€“ APA. Indian industrialists intend to develop the collaboration with Azerbaijan.

According to APA, a group of journalists from CIS countries held meeting in The Confederation of Indian Industry (CII).

CII has been in operation since 1985. It operates more members, 65 offices inside of country, 10 in outside of the country, 250 partners across the world.

Indiaâ€™s trade turnover with Iran, Pakistan and Turkey will reach $ 600 bln, recently. They have opportunities to collaborate in oil and gas sphere.

Indiaâ€™s Sinkx bank plans to launch a branch in CIS countries.

CII delegation will be in Baku for the invitation of Azerbaijan Trade-Industry Chamber by the end of the year.