Muscat: The Oman Chamber of Commerce and Industry (OCCI) organized the Oman-India Business Forum today, which focused on reviewing potential joint investment opportunities across various commercial sectors.
Eng. Ridha Juma Al Saleh, a member of the OCCI Board, expressed in a statement that the forum served as a valuable platform for companies from Oman and India to explore investment prospects in critical sectors such as food security, building materials, petroleum and pharmaceutical products, as well as the jewelry and textile, as well as plastic industries.
Al Saleh further highlighted the significant growth observed in bilateral trade between the two nations, emphasizing their efforts to establish a comprehensive economic partnership. He noted that the value of commercial exchanges between the two countries had reached approximately RO 1.2 billion ($3.1 billion) by the end of 2024.
During the forum, business owners from both countries engaged in bilateral meetings to deliberate on strategies for enhancing cooperation, consolidating relations, exchanging knowledge and information, and evaluating investment opportunities, as stated by Al Saleh.