AHMEDABAD(PTI): On Sept.4 an Israeli Investment Company with 2.3 billion dollars annual turnover, is planning to invest several billions in Gujarat.
The group, Israeli Corporation Lid, has offered to promote joint ventures for agro based industries, a power plant, petrochemicals complex, and ship building besides Cooperation in electronics and telecommunications.
An interesting proposal made by Eizenberg relates to international marketing of Indian edible oils, castor oil and sweet, sour pickles and jams made from cucumber.
The joint ventures in agro based industries will be in the field of development and processing: of castor oil derivatives including detoxification of castor cake, caned vegetables and juices, oil) extraction and production of vegetable oils.
A Cooperation in production of: Colton by increasing the yields and wasteland development are other areas Where Eizenberg has expressed keen desire to work together The Israeli company, is known to pursue a policy of offshore cooperation by “adopting” a country for the purpose. Official sources said the company can emerge as a “single window” for the entry of Israeli investments in India.
Article extracted from this publication >> September 10, 1993
