13/10/2024
Indian trade delegation reviews electronics and IT manufacturing fields at Asharqia Chamber
Asharqia Chamber organized today, Tuesday, October 8, 2024, a meeting of the Indian trade delegation, remotely, with the participation of a number of investors and entrepreneurs, and in the presence of the Second Deputy Chairman of the Board of Directors of the Chamber, Hamad bin Muhammad Al-Ammar Al-Khalidi, and the head of the Indian delegation, Deputy Head of the Indian Mission in the Kingdom, Mr. Abu Maten George. The Second Deputy Chairman of the Board of Directors of the Asharqia Chamber, Al-Khalidi, stressed during the meeting, which was attended by the Secretary-General of the Chamber, Abdulrahman bin Abdullah Al-Wabil, that the Kingdom and India are linked by strong historical relations and joint cooperation that brings the two countries together at all levels. The depth of this relationship is evident in the fact that India is one of the most important main trading partners of the Kingdom; as the volume of trade between the two countries in 2023 AD amounted to about 156 billion riyals, and India comes as the third main destination for our exports after China and Japan. Al-Khalidi said that we, as a business sector, look forward to building on these distinguished relations between the two parties to establish ambitious and fruitful partnerships between the private sector in both countries and to create more new opportunities for the growth and prosperity of the economy and business, adding that trade relations between the two countries are developing and growing rapidly in various fields, and are awaiting broader horizons of cooperation in light of the government measures and incentives and diversification targets that have made our national economy more open and interested in all sectors. It is noteworthy that the meeting comes within the continuous efforts of the Asharqia Chamber to enhance the economic and development work of the business sector and work as a platform to enhance communication opportunities, putting all its capabilities, whether in this regard, to seek to push the wheel of bilateral trade exchange between the Kingdom and India to new horizons that keep pace with the aspirations of the leadership in the two countries. The delegation included investors in the fields of electronics manufacturing, information technology, and its possible service.
