During the recent state visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister of the Kingdom of Saudi Arabia to India, an India-Saudi Arabia Investment Forum 2023 was organized in New Delhi. 500+ companies from both countries participated, marking the first formal investment symposium between them. This event followed the Saudi Crown Prince's commitment to invest approximately $100 billion in diverse sectors of the Indian economy. The Ministerial Session was co-chaired by India's Union Minister of Commerce & Industry, Shri Piyush Goyal, and Saudi Arabia's Minister of Investment, H.E. Mr. Khalid A. Al Falih. Our CMD Dr. Siddeek Ahmed, who also serves as the Co-Chair of the FICCI Middle East Council, was part of the Saudi Indo delegation.
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