Thai firms keen to invest in India
Several Thai firms are interested in investing in north-east states of India after their executives visited several vital industrial plants in the region recently
By PTI |
BANGKOK: Several Thai firms are interested in investing in north-east states of India after their executives visited several vital industrial plants in the region recently, Thai Commerce Minister Krirkkrai Jirapaet said.
Ch Karnchang Pcl has expressed desire to invest in infrastructure projects such as road and dam construction, and hydroelectric plants, said Krirkkrai.
The minister further added that the Indian government has a policy to allocate about $1.5 billion on these projects as well as granting special privileges to private investors who would undertake the projects.
Ch Karnchang is now studying details of the projects and plans to negotiate in detail with its Indian counterparts, he said.
Also, two Thai orchid firms are also considering a joint investment with Indian business interests in growing flowers for export and producing spices in northeastern India, Krirkkrai added.
Ch Karnchang Pcl has expressed desire to invest in infrastructure projects such as road and dam construction, and hydroelectric plants, said Krirkkrai.
The minister further added that the Indian government has a policy to allocate about $1.5 billion on these projects as well as granting special privileges to private investors who would undertake the projects.
Ch Karnchang is now studying details of the projects and plans to negotiate in detail with its Indian counterparts, he said.
Also, two Thai orchid firms are also considering a joint investment with Indian business interests in growing flowers for export and producing spices in northeastern India, Krirkkrai added.
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