MBS to expend trade and investment up to $100 billion in India

Saudi Arabia is exploring the possibility of investing at least $100 billion in India in areas of petrochemicals, infrastructure and mining, among others, suggests a report in Indian media. Saudi Arabia’s Ambassador to India Dr Saud bin Mohammed Al Sati last week said that India was an attractive investment destination for the kingdom and it is eyeing long-term partnerships with New Delhi. “Saudi Arabia is looking at making investments in India potentially worth $100 billion in the areas of energy, refining, petrochemicals, infrastructure, agriculture, minerals and mining,” Sati told Indian…

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