Bakı, 12 noyabr, AZƏRTAC
Minister of Economy Mikayil Jabbarov held a videoconference meeting with Sanjay Hinduja, chairman of Gulf Oil International, and Dheeraj Hinduja, chairman of Ashok Leyland, both part of India’s Hinduja Group.
The sides discussed Azerbaijan’s favorable business and investment environment, industrial potential, transport and energy infrastructure, as well as opportunities to access regional markets.
They also discussed prospects for cooperation in implementing joint projects, transferring technology, and localizing vehicle production.
The parties discussed expanding cooperation in the industrial, transport, and energy sectors, promoting local production of transport vehicles, and investment opportunities.
Founded in 1914, the Hinduja Group is an international conglomerate operating in 38 countries, with business activities in nearly 100 countries worldwide. It employs more than 250,000 people across a diverse range of sectors, including lubricants and specialty chemicals, banking and financial services, digital technologies, energy, real estate, and healthcare.
The group’s key companies include Gulf Oil International, which became part of the group in 1984, and Ashok Leyland, a prominent commercial vehicle manufacturer.