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German chemical firm pledges $1.5 billion investment in India, boosting economic ties.
A German chemical company plans to invest $1.5 billion in India, with land already identified for the project.
The company's head will meet the state's chief minister soon.
This investment adds to the $15 billion in foreign direct investment Germany has contributed to India since 2000.
India is working to enhance its business environment by reducing compliance burdens and improving dispute resolution processes to attract more global investors.
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La empresa química alemana promete una inversión de 1.500 millones de dólares en la India, lo que impulsa los lazos económicos.