Oman Chamber of Commerce and Industry, in cooperation with the Ministry of Commerce, Industry and Investment Promotion, organized the Omani-Indian Business Forum, with the aim of building sustainable bridges of cooperation based on actual partnership and innovation, by taking advantage of the strengths of the economies of the two countries, and opening up broad horizons for fruitful investment opportunities and joint projects between Omani and Indian companies.
The forum focused on a number of economic sectors, such as chemicals, power electronics, engineering, manufacturing, construction, IT services and consulting, telecommunications, solar energy, health, agriculture, food security, infrastructure, wastewater, tourism, art and culture, and durable electrical consumer goods.
Faisal bin Abdullah Al Rawas, Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry, stressed the importance of the Omani-Indian Business Forum as a strategic platform that brings together business leaders and investors from the Sultanate of Oman and India, and opens new horizons for growth, development and strengthening trade relations between the two countries.
He pointed out "the pivotal role played by the Omani-Indian Joint Business Council in strengthening economic relations between the Sultanate of Oman and the Republic of India," noting that "the Council has contributed to enhancing cooperation between the private sector in the two countries, through a number of events, conferences and trade missions."
Harsha Vardhan Agarwal, President of the Federation of Indian Chambers of Commerce and Industry, explained that "there are investment opportunities in a number of economic sectors in the Sultanate of Oman and the Republic of India." He pointed out that "the forum is a correct step to expand economic cooperation and increase trade and investment exchange between the two countries."
For his part, Dr. Abdullah bin Masoud Al Harthy, a member of the Board of Directors of the Oman Chamber of Commerce and Industry, noted that “economic relations between the two countries have witnessed rapid growth in recent years; as the volume of trade exchange between the two countries reached 5 billion and 85 million dollars, by the end of October 2024.”
Source (Al-Sharq Al-Awsat Newspaper, Edited)
