Iranian, Indian companies agree on joint industrial production
In a meeting between Managing Director of Industrial Development and Renovation Organization of Iran (IDRO) Mansour Mo’azzami and some high ranking officials and managers from Indian companies active in various industrial sectors the two sides accorded to collaborate on joint industrial production activities.
As the official website of IDRO reported, Co-Chairman of Confederation of Indian Industry (CII) Naushad Forbes and Indian Ambassador to Tehran Saurabh Kumar also attended the meeting held in Tehran on Wednesday.
Referring to the wide range of areas for cooperation between IDRO and the Indian partners, Mo’azzami said that “the held negotiations and the made cooperation on making investments and commencing joint industrial production with Indians in Iran can pave the way for joint cooperation in the long run.”
During the meeting, Forbes voiced CII’s readiness for starting cooperation with Iranian industrialists as well as state-run and private companies.
Referring to possible industrial areas for cooperation, the Indian Ambassador, for his turn, announced that the Indian government is ready to ease joint industrial activities with Iranian companies