Members of Oman's export industry visit India
In New Delhi, the group took part in a business seminar and B2B meetings with Indian importers, agents and manufacturers in an effort to develop new business opportunities and strengthen existing trade and investment ties in food processing, petrochemicals and plastics.
India is one of the fastest-growing economies in the world and has emerged as a key destination for foreign investors and exporters in recent years. According to the International Monetary Fund, India will grow by 7.5 percent this fiscal year.
Companies participating on the Ithraa-led trade mission were Oman State General Reserve Fund; Sohar Port & Free Zone; Public Establishment for Industrial States; Bright Sun Dates Production; Nizwa Food Industries LLC; Sea Pride LLC; Modern Diary Factory; Al-Bahja Group of Companies; Sohar Sulphur Fertilizer LLC; Techno Plastic Industry; Poly Products; Al-Tuhami Group LLC; Taghleef Industries SAOC; Al Shamal Plastics and the Modern Stitch Enterprise.
As a follow-up to the delegation’s visit to New Delhi and Mumbai, Ithraa will organize an investment forum with Indian businesses in Muscat on Oct. 12-13.