MUSCAT : H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, has underlined the depth and direction of Oman–India relations ahead of Indian Prime Minister Narendra Modi’s upcoming visit to the Sultanate, describing the partnership as one built on complementarity rather than size.
“Our relationship is not defined by size, but by complementarity,” Al Yousef said while addressing the Oman–India Business Dialogue, noting that Oman’s strategic location, policy stability and investor-friendly environment align naturally with India’s scale, innovation capacity and expanding global influence.
Al Yousef said the visit comes at a pivotal moment as Oman advances its Vision 2040 economic transformation agenda and seeks to attract high-quality foreign investment across priority sectors, including manufacturing, logistics, renewable energy, technology and food security. India, he added, remains a key partner in this journey, with strong private-sector engagement and long-standing people-to-people ties.
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Trade and investment relations between the two countries have steadily diversified over the years, moving beyond traditional sectors into new growth areas such as fintech, digital payments, pharmaceuticals and startups. The minister said discussions during the visit are expected to focus on enhancing trade facilitation, encouraging joint ventures and strengthening supply chain integration.
Business leaders in Oman and India view Prime Minister Modi’s visit as an opportunity to unlock fresh investment flows and reinforce private-sector collaboration, particularly among small and medium-sized enterprises. Greater connectivity, smoother regulatory frameworks and deeper institutional cooperation are also high on the agenda.
Al Yousef said the strength of the Oman–India partnership lies in its ability to evolve with changing economic realities while remaining anchored in trust and mutual benefit, adding that the forthcoming visit is expected to give renewed momentum to bilateral ties and open new avenues for sustainable growth.
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