Business Daily from THE HINDU group of publications
Saturday, Oct 20, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Saturday, Oct 20, 2007 ePaper | Mobile/PDA Version |
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Corporate
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Overseas Investments Agri-Biz & Commodities - Aluminium States - Andhra Pradesh
Our Bureau Visakhapatnam, Oct. 19 South Africa is interested in the proposal made by the National Aluminium Company Limited (Nalco) to set up a half-a-million tonne capacity aluminium plant in that country and has promised to extend all help for the purpose, according to Dr T. Subbarami Reddy, the Union Minister of State for Mines. At a press meet here on Friday evening, the minister, who had recently visited Africa along with the Prime Minister, said that Mr Sandile Nogxina, the head of South African Mining and Steel Ministry, had made a promise to that effect and agreed to provide the requisite raw material. He said that Mr Nogxina had told him that the South African Chamber of Mines was interested in making investments in India and had agreed to establish a joint working group of experts to develop a plan of action and identify projects. He said there was immense scope for co-operation between India and South Africa as also India and Nigeria. More Stories on : Overseas Investments | Aluminium | Andhra Pradesh | National Aluminium Co. Ltd
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