HE Indramani Pandey, Ambassador of India to the Sultanate of Oman shares his thoughts on India-Oman bilateral relations on the occasion of the 69th Republic Day of India. An OER interview
How has India Oman bilateral trade progressed in 2017?
India-Oman bilateral trade is continuing its upward trend after facing a decline during 2014-15 and 2015-16. During the financial year April 2016-March 2017, the value of bilateral trade increased to $4bn from $3.8bn in 2015-16. During April- October 2017, it has already reached $3.68bn.
Which are the major sectors and opportunity areas for economic cooperation between India and Oman?
There are tremendous opportunities for expanding India-Oman cooperation in various areas ranging from food security to space applications, power (specially renewable energy), development of SMEs and Startups, cyber security, defence, engineering goods, IT and IT enabled services, healthcare and pharmaceuticals, education and training, etc. India is also keen to contribute to the success of Oman’s national programme for economic diversification. The Indian Embassy in Muscat has been encouraging Indian companies to participate in sectors prioritised by the Government of Oman, including logistics, minerals and mining and manufacturing as well as in freezones and special economic zones. India has already been contributing to human resource development of Oman by providing professional training under its ITEC Programme. In fact, India has always been a partner in Oman’s growth story.
The next tranche of Oman India Joint Investment Fund totalling $220 million is being invested now. Can you please share some details of the fund and its likely investments?
This story is from the February 2018 edition of Oman Economic Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 2018 edition of Oman Economic Review.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Stunning Models
Alfa Romeo celebrates an unprecedented trio of prestigious awards from EVO Middle East magazine
Brace For Sweltering Summers
The Air Conditioning Division of Khimji Ramdas (ACD) has been in relentless service to the people of Oman, providing professional air conditioning solutions.
Preventing Heart Disease
Heart disease is a leading killer globally. Beware what to do when chest pain strikes, says Dr V S Yogeeswari, Specialist Cardiologist, NMC Specialty Hospital, Al Ghoubra
Connecting Lives
Smart homes zone, AR/VR zone and robot technologies are some of the latest attractions at Comex 2018
Staying Ahead Of The Curve
Mandatory public listing of insurance companies has driven some consolidation in the industry to optimise the number of insurers in the market, whilst maintaining a healthy competitive landscape, says Lloyd East, CEO – Al Ahlia Insurance Co and RSA Middle East. Muhammed Nafie reports
Robust Growth
Khalid Al Kayed, CEO of Bank Nizwa, talks about the bank’s performance, expansion strategy, future outlook and the Islamic banking industry in Oman
Alizz Islamic Bank To Finance Expansion Of Gutech Facility
Alizz Islamic Bank To Finance Expansion Of Gutech Facility
Committed To National Priorities
Isam bin Saud Al Zadjali, CEO, Oman Oil Company shares his thoughts on the company’s achievements, challenges and future direction in an exclusive interview to Mayank Singh.
A Go-Getter
Shahad Naser Al Wahaibi, Fuels Marketing, Payment & Brand and Communications Implementer at Shell Oman Marketing, carved out a successful career path, driven by her passion to learn and adapt to new challenges. Muhammed Nafie interviews her to find out what made her win NTI BizPro Awards 2017
Never Give Up
Persistence and hard work are the key to surmount challenges, says Ahmed Mohammed Al Ardhi, Area Manager – Muscat and Sharqiya, Sadara Wealth Management, National Bank of Oman. Mayank Singh reports.
