Saturday, July 5, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Iranian Bank to open Mumbai Branch

Fiinews by Fiinews
January 9, 2019
in Banking & Finance, Exports, Imports, Investment, Manufacturing
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Zarif assures of crude oil supplies

Bank Pasargad of Iran (BPI) will open its branch in Mumbai within the next three months as India and Iran build on its trade, including crude oil imports, and dealing through the Chabahar Port.

New Delhi has given permission to BPI to open office, becoming the first Iranian bank to do so, Minister of Shipping, Nitin Gadkari, announced his on 8 Jan 2019.

“The Government of India has already given permission to Iran to open a bank branch in Mumbai. They are going to open a branch in Mumbai in three months. That will be used for transactions,” Gadkari said after meeting visiting Iranian Foreign Minister Javad Zarif.

India is investing US$85 million port-related machinery order for Chabahar, Iran’s southernmost city.

Indian-Iranian trade is set to flourish with.

Iran is among the leading suppliers of crude oil to India while it is looking to import more steel, locomotive engines.

“Iran is the most reliable energy provider for India,” Zarif pointed out, assuring that his country will always be there for India.

Iran also supplies urea fertilizers, meeting almost a third of India’s requirements.

Zarif attended the Raisina Dialogue, a New Delhi conference by the Ministry of External Affairs held in partnership with Observer Research Foundation. fiinews.com

Tags: Minister of ShippingNitin Gadkari
ShareTweetShare

Related Posts

FICCI
Manufacturing

Manufacturing: Framework on Drones by Sep-Oct

by Fiinews
July 5, 2025
0
14

Lt Gen Singh urged industry to invest more on component level R&D Lt Gen Rahul R Singh, Deputy Chief of...

Toy Biz International2
Exports

Export: India supplies toys to 153 countries

by Fiinews
July 5, 2025
0
17

Minister tells industry to focus on good branding The manufactured in India toys are exported to 153 countries, Commerce and...

IPA

Invest: Serendipity Space raises pre-seed round

July 5, 2025
17
Air Liquide

Manufacturing: Air Liquide builds ASU-CFS

July 5, 2025
13
NITI Aayog

Manufacturing: India’s chemical sector faces challenges

July 5, 2025
21
Indian Steel Association

Invest: India needs $200bn for expansion of mills

July 4, 2025
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector
  • Tender: Minister wants innovation in projects

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.