An India-Saudi Arabia Investment Forum 2023 meeting, coinciding with the Delhi visit of Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud, on Monday saw attendance by 500 companies and identified investment collaborations across several fields.
The Forum was organised by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, and the Saudi Ministry of Investment.
It was the first formal investment symposium between the two countries and came as a follow-up to the announcement made by the Saudi Crown Prince to invest approximately $100 billion in diverse sectors of the Indian economy.
The Ministerial Session of the India-Saudi Investment Forum 2023 was co-chaired by Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles Minister Piyush Goyal and the Minister of Investment of Saudi Arabia, Mr Khalid A Al Falih.
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