Business Standard

India to invest $100 bn in refining, pipeline, gas terminals by 2024: PM

Prime Minister Narendra Modi is attending the Future Investment Initiative, dubbed 'Davos in the desert', in Saudi Arabia

modi
Premium

Photo: @ANI

BS Web Team New Delhi
Prime Minister Narendra Modi, who is on a two-day visit to Saudi Arabia to attend the third edition of the kingdom's high-profile annual financial conference, on Tuesday said, "By 2024, we aim to invest $100 billion in refining, pipelines, gas terminals. I am happy that Saudi Aramco has decided to invest in West Coast Refinery Project, which will be the largest refinery in Asia".

"Today, India has become the world's third largest start-up ecosystem. Even in Tier-II and -III cities of India, start-ups have come up. Our start-ups have started investing at global scale. I invite global investors to benefit from

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2019 | 9:27 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com