Baku:Azerbaijan's Minister of Economy, Mikayil Jabbarov, conducted a videoconference with Sanjay Hinduja, chairman of Gulf Oil International, and Dheeraj Hinduja, chairman of Ashok Leyland. The discussion focused on potential collaborations between Azerbaijan and the Hinduja Group's Indian companies.

According to Azerbaijan State News Agency, the meeting highlighted Azerbaijan's attractive business and investment climate, along with its industrial potential and existing transport and energy infrastructure. The discussions aimed at leveraging these resources to access regional markets effectively.

Both parties showed interest in exploring cooperative ventures, particularly in joint project implementation, technology transfer, and the localization of vehicle production. The dialogue also covered the expansion of collaboration in industrial, transport, and energy sectors, emphasizing the promotion of local transport vehicle production and identifying viable investment opportunities.

The Hinduja Group, established in 1914, is a global conglomerate with a presence in 38 countries and operations in nearly 100 countries. It employs over 250,000 individuals across various sectors, including lubricants and specialty chemicals, banking and financial services, digital technologies, energy, real estate, and healthcare. Notable companies within the group include Gulf Oil International, which joined in 1984, and Ashok Leyland, a leading commercial vehicle manufacturer.