100 Billion Dollar Investment Plan in 7 Different Areas From Saudi Arabia
Saudi Arabia plans to invest $ 100 billion in India in 7 different areas: energy, treatment, petrochemical, infrastructure, agriculture, minerals and mining.
Saudi Arabia’s Ambassador to New Delhi Saud bin Muhammad al-Sati said they plan to invest $ 100 billion in India. Ambassador of New Delhi Saud bin Muhammad al-Sati said, “Saudi Arabia is considering investing potentially $ 100 billion in India in energy, refining, petrochemical, infrastructure, agriculture, minerals and mining.”
Sati, Saudi Arabia’s Crown Prince Mohammed bin Selman’s 2030 strategy with the country’s dependence on petroleum products aims to diversify the economy by stating, India is an attractive investment center for his country and said they plan to invest $ 100 billion. Sati said that his country is aiming for long-term partnerships with the New Delhi administration in sectors such as oil, gas and mining. He also stated that the trade volume between the two countries will continue to increase.