Monday, February 21, 2011

Israel to invest Rs. 40,000 cr in India

Israel has evinced interest to make a whopping investment of nearly Rs 40,000 crore in sectors like agriculture, horticulture, aquaculture and dairy in Madhya Pradesh.

"A team of Indo-Israel Chamber of Commerce led by Embassy of Israel Economic Counsellor Mouneer Agbariya recently met the state government officials and showed interest to invest nearly Rs 40,000 crore in Madhya Pradesh," Rajendra Kothari, state director, Chamber of Commerce and Industry, said.

“Israel is keen to invest in agriculture, horticulture, aquaculture and dairy sectors in Madhya Pradesh,” he said. The team held meetings with principal secretary, agriculture and cooperative department, horticulture and food processing and director, horticulture, adding that the second-round of talks regarding investments would take place in March.

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