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Oman-India Business Forum highlights strengthening partnership, investment opportunities

The Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Ministry of Commerce, Industry and Investment Promotion, hosted the Oman-India Business Forum.

Oman News Agency

info@thearabianstories.com

Tuesday, January 28, 2025

MUSCAT : The forum aimed to strengthen economic ties between the two countries by fostering sustainable partnerships and exploring new investment opportunities.

The forum explored a wide range of sectors including chemicals, power electronics, engineering, manufacturing, IT services, solar energy, healthcare, agriculture, tourism, and infrastructure.


His Excellency Faisal bin Abdullah Al Rawas, Chairman of OCCI, emphasised the significance of the forum as a strategic platform for business leaders and investors from Oman and India to connect, share ideas, and explore growth prospects. He stressed the forum’s role in opening new doors for trade relations, stating that it focuses on key sectors that are pivotal drivers of economic growth.

His Excellency Harsha Vardhan Agarwal, President of the Federation of Indian Chambers of Commerce and Industry (FICCI), recognised the abundant investment opportunities in both countries, welcoming the forum as a timely step to increase trade and investment exchanges.

Dr. Abdullah bin Masoud Al Harthy, Board Member of OCCI, spoke on the close historical and economic ties between Oman and India, noting that the forum aligns with both nations’ long-term growth strategies, including Oman’s Vision 2040 and India’s Vision 2047. He stressed that the forum’s objectives go beyond increasing trade exchange; it aims to build sustainable partnerships that foster innovation and tangible benefits for all parties involved.

The forum featured presentations by OCCI, the Ministry of Commerce, Industry and Investment Promotion, and the Indian delegation, providing insight into economic partnerships and investment opportunities in both countries.

Business owners from Oman and India also engaged in bilateral meetings to discuss specific opportunities, strengthen business ties, and explore avenues for collaboration in the targeted sectors.
The forum was attended by His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, His Excellency Piyush Goyal, India’s Minister of Commerce and Industry, and His Excellency Harsha Vardhan Agarwal, among other notable officials and business leaders.


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