Saudis explore new opportunities in India



DAMMAM: SIRAJ WAHAB

Published — Friday 23 November 2012

Last update 23 November 2012 4:30 am

| نسخة PDF Print News | A A

A delegation of well-known businessmen and executives from Jeddah is currently in India on a 10-day visit to explore business opportunities.
Organized jointly by the Consulate General of India and the Saudi-Indian Business Network (SIBN), the delegation has 15 members and is being led by Ghazi Binzagr, the young and dynamic scion of a prominent business family.
Consul General Faiz Ahmad Kidwai described the visit as significant. “It will strengthen and cement the good ties that currently exist between our two countries,” he told Arab News from Jeddah yesterday. “These delegates are not only meeting businessmen in India but also visiting a number of important educational centers and business institutions to understand India’s phenomenal growth story.”
According to Kidwai, the delegation includes some of the leading names in the Saudi industry such as Faysal Alaquil, Alawi Al-Hamid, Khaled Baatta, Abdulqader Ahmed Almashhoor, M.A. Alshamrani, Yahya Abdullah Al-Jefri, Mohammad Faiz Quraishi, Amer Siddiki, Shenaz Sait, Reem Adnan Faisal, Majed Ahmed Abushararh and Meshary Zuhair Zahran.
The delegation, which was seen off at King Abdul Aziz International Airport in Jeddah on Wednesday night by Consul (Commercial) Madan Kumar Ghildiyal and Vice Consul Pawan Tripathi, is currently in the national capital New Delhi. It met Minister of State for External Affairs E. Ahamed and Minister of State for Ministry of Commerce S. Jagathrakshakan yesterday. Among the other members of the delegation are leading SIBN executives Hasan Ghias and Asar Khan.
Kidwai said the delegates will visit the country’s commercial capital Mumbai and its information technology hub Bangalore. “We have arranged their visits to the Indian Institute of Management (IIM) in Bangalore, Tata Institute of Social Sciences (TISS) in Mumbai, Indian Islamic Cultural Center (IICC) in New Delhi and the Energy and Resources Institute (TERI) of Nobel Prize-winning Rajendra Kumar Pachauri,” said Kidwai. “All these are in addition to the one-on-one meetings that these businessmen will have with their counterparts in India,” he said.
The delegates will call on top members of the Confederation of Indian Industry (CII) today (Friday) and will tour the campuses of leading Indian IT firms such as Infosys and Wipro.
Kidwai said India’s economy has transformed over the years and it offers excellent opportunities to Saudis. “Indo-Saudi bilateral trade has registered unprecedented growth in recent years and exceeded $ 25 billion in 2011,” he said. “There is immense potential for further economic cooperation between our two countries.”

What's happening around Saudi Arabia

Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, the Second Deputy Prime Minister and Minister of Defense, on Thursday led the delegation of the Kingdom of Saudi Arabia taking part in the meeting of the international coalition countries to coun...
Munich: Minister of Foreign Affairs Adel bin Ahmed Al-Jubeir led the Saudi delegation to the meetings of the International Syria Support Group meetings, taking place here.The meetings, which have begun, in Vienna, exert efforts to find a political so...
Brigadier General Ahmad Al-Assiri, the Military Advisor to the Minister of Defense, asserted the Kingdom is ready to send ground troops to fight Daesh, as soon as the international coalition gives the green light, and that this decision of Saudi Arab...
JEDDAH: Saudi Arabia will host the first meeting of the 34-member Islamic Military Alliance next month. According to a report in the local media, the meeting will bring together all nations of the newly formed coalition, led by Saudi Arabia.The allia...
JAZAN: Seven lives were snuffed out and several others sustained injuries as a gunman went on a killing spree in Al-Dair governorate of Jazan on Thursday. Employees at an education department office came under a hail of bullets resulting in casualtie...
RIYADH: The ongoing Janadriyah national heritage and culture festival welcomed German government representatives as the guests of honor, marking a new era in Saudi-German ties.Detlef Daues, chief executive officer of a German business group, said: “I...
RIYADH: Highlighting the importance of caring, preservation and better maintenance of mosques located along highways in the Kingdom, the Saudi Commission for Tourism and National Heritage (SCTNH) and the Masajedna Foundation will honor excellence in...
ABHA: Women graduates in Asir say they are looking for private companies to hire them for online jobs which can be done at home.They asked businessmen to open new production lines for women in both factories and banks.The women said that this would c...
ABHA: Deviant groups have attempted to attract Saudi women to carry out terrorist operations by various means and in sinister ways.Many women have been found to have been recruited by terrorist groups inside and outside the Kingdom.Islamic scholar Mo...
RIYADH: Makkah Gov. Prince Khaled Al-Faisal has written a patriotic poem to inspire Saudi troops at the southern borders.Titled, “I wish to be with you,” the poem infuses encouragement in the hearts and minds of troops guarding the borders in Najran,...
RIYADH: A delegation of senior officials from King Abdullah University for Science and Technology (KAUST) visited the King Abdullah City for Atomic and Renewable Energy (KACARE) to discuss cooperation between the two institutions on sustainable energ...
RIYADH: The Office of the Education Department in eastern Taif has launched a program called “Fatin” which aims to protect students from intellectual threats around them.Fahhad Al-Zuibi, director at the Office for Education said, “The program aims to...
RIYADH: The Taif theater group won two awards when it participated recently in the ninth edition of a theatrical festival in Bahrain. The group, which represented the Kingdom in the theatrical festival, mounted a play production titled “Out of Contro...
RIYADH: Riyadh Gov. Prince Faisal bin Bandar inaugurated the first festival for families with handicapped members at the King Fahd Cultural Center (KFCC) on Wednesday evening. The festival, which will last for three days, features a bazaar that displ...
RIYADH: A separate department to provide enhanced security to the Kingdom’s schools will be set up in all educational regions, Education Minister Ahmad Mohamed Al-Issa announced on Wednesday.Under the new directive, such departments will be establish...

Stay Connected

Facebook