Saudi Arabia’s Investment in India
Saudi Arabia is looking to invest about 100 billion in India. The areas targeted for this investment include refining petrochemicals, infrastructure, agriculture, minerals and mining, and the energy sector. This investment will result in the expansion of trade and business between these two countries. Aramco Saudi’s biggest giant in oil has proposed a partnership with the Reliance industry in India to grow the energy ties between these two countries. In Saudi’s Vision 2030, Saudi plans to diversify its economy while reducing its dependence on petroleum products.
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