India's Welspun to establish $450m pipe plant in Iraq
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India's Welspun to establish $450m pipe plant in Iraq

India's Welspun to establish $450m pipe plant in Iraq

Iraq's National Commission for Investment has granted India's Welspun Corp an investment licence to set up a pipe manufacturing plant in the southern city of Basra, estimated to cost $450m, Azzaman has reported. The project is one of the biggest foreign investment projects in the southern province, said the commission.

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