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15 November 2025 - 10:11 AMT

Economy Minister seeks battery manufacturing deal in India

Armenia’s Minister of Economy Gevorg Papoyan, during an official visit to India, met with representatives of HBL India, a major engineering firm, and proposed establishing electric battery production in Armenia.

According to Papoyan's Facebook post, he presented Armenia's investment opportunities and invited the company to consider launching a local manufacturing facility for electric accumulators. Armenia’s Ambassador to India, Vahagn Afyan, also attended the meeting.