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$100b investment plans in India are on track, says Saudi Arabia


$100b investment plans in India are on track, says Saudi Arabia
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The Saudi envoy also praised India s measures to revive its economy in view of the impact of the pandemic.
Saudi Arabia said on Sunday that its $100 billion investment plans in India are on track.
The world s largest oil exporter also affirmed its confidence in the third largest Asian economy, saying India has the strength to recover from the adverse impact of the coronavirus crisis.
Our plans to invest in India are on track and we are in discussion to prioritise investment opportunities in several sectors in both countries, Saudi Ambassador Dr Saud bin Mohammed Al Sati told PTI in an interview. ....

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Saudi Arabia investment plans Indian economy bounce back | Business News – India TV


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Our investment plans in India on track, Indian economy has strength to bounce back: Saudi Arabia
Saudi Arabia, the world s largest oil exporter, on Sunday said its investment plans in India are on track, noting that the Indian economy has the strength to recover from the adverse impact of the coronavirus crisis. In February last year, Saudi Crown Prince Mohammed bin Salman announced that Saudi Arabia would invest over USD 100 billion in India in petrochemicals, refining, infrastructure, mining and manufacturing, agriculture and several other sectors.
Our plans to invest in India are on track and we are in discussion to prioritise investment opportunities in several sectors in both countries, Saudi Ambassador Dr Saud bin Mohammed Al Sati told PTI in an interview. ....

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