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India’s top executives in NEOM to identify partnership opportunities

A delegation of chief executives from India’s top business body has visited NEOM to identify opportunities for cooperation under Saudi Arabia’s Vision 2030.  The Federation of Indian Chambers of Commerce and Industry is leading the delegation of CEOs and government officials to the Kingdom this week as businesses want to tap into the possibilities posed by Saudi megaprojects, including the flagship multibillion-dollar NEOM smart city.

Saudi-Indian ties gained new momentum last year throughout India’s presidency of the G20 and after the state visit of Saudi Crown Prince Mohammed bin Salman in September, during which officials signed an accord to boost mutual investment.

“As the first Indian delegation to NEOM, comprising both private and government representatives, led by FICCI President Dr. Anish Shah, our members were looking for business opportunities for Indian companies,” FICCI Secretary General S.K. Pathak

The delegation is visiting Saudi Arabia from Feb. 18 to 21 and has already held talks with Saudi Arabia’s Investment Minister Khalid Al-Falih, Energy Minister Prince Abdulaziz bin Salman and members of the Saudi-India Business Forum.

Read the full story at Arab News


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