Economy Minister seeks battery manufacturing deal in India

Economy Minister seeks battery manufacturing deal in India

PanARMENIAN.Net - Armenia’s Minister of Economy Gevorg Papoyan, during an official visit to India, met with representatives of HBL India, a major engineering firm, and proposed establishing electric battery production in Armenia.

According to Papoyan's Facebook post, he presented Armenia's investment opportunities and invited the company to consider launching a local manufacturing facility for electric accumulators. Armenia’s Ambassador to India, Vahagn Afyan, also attended the meeting.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---