India and Saudi Arabia Enhancing Collaboration in Emerging Sectors
Key Ideas
  • India and Saudi Arabia are discussing collaboration in fintech, energy efficiency, textiles, and mining to boost trade ties.
  • Commerce Minister Piyush Goyal co-chaired a meeting with Saudi Minister of Energy Abdulaziz bin Salman Al-Saud in Riyadh.
  • Both countries are aiming to explore opportunities in clean hydrogen and new technologies to enhance investment ties.
  • During the Future Investment Initiative, India invited global investors to explore emerging opportunities in the country.
India and Saudi Arabia are working towards enhancing collaboration in various emerging sectors to strengthen their trade and investment ties. Commerce Minister Piyush Goyal recently visited Riyadh and co-chaired a meeting with Saudi Minister of Energy Abdulaziz bin Salman Al-Saud under the India-Saudi Strategic Partnership Council. The discussions focused on areas such as fintech, energy efficiency, textiles, and mining. Both countries are keen on exploring opportunities in clean hydrogen and new technologies. During the Future Investment Initiative event, Minister Goyal emphasized the potential for global investors to take advantage of the emerging opportunities in India's growing economy.
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