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Saudi businessmen evince keen interest in Indian firms

The commercial section of the Consulate General of India, Jeddah, in cooperation with Abha Chamber of Commerce and Industry (ACCI), organized a two-day catalog show of Indian companies at the Abha chamber premises on March 17 and 18.
The show was formally opened jointly by Ali H. Qamash, vice chairman, ACCI, and Madan Kumar Ghildiyal, consul (commercial) on March 17.
Prominent members and officials of the chamber, and Saudi businessmen and executives were present during the inauguration.
On the sidelines of the catalogue show, meetings were also held with Qamash, Abdul Rahman N. Al-Ahmari, secretary general, ACCI, and other officials of the chamber.
The consul (commercial), after explaining the objective of the catalogue show, highlighted the two-fold increase in bilateral trade between India and Saudi Arabia in the last three years, vast market potential for Indian products in the Kingdom and investment opportunities in India for Saudi businessmen.
Members of the chamber expressed their interest in improving bilateral linkages and exchange of business delegations.
Catalog of more than 100 Indian companies dealing in diverse sectors such as textiles/readymade garments, leather products, food items, electrical and electronic accessories, packaging industry, machinery and equipment, information technology, tourism, pharmaceuticals, medical equipment, household appliances, handicrafts, gift items, construction, etc., were on display along with tourism brochures and commercial bulletins issued by India Tourism and the consulate respectively.
The catalog show was attended by a good number of Saudi businessmen. Representatives from various local companies also showed keen interest to know more about the various products and companies of India, especially in construction, IT, pharmaceuticals and light engineering.
Qamash and Al-Ahmari also extended their welcome to the prospective Indian businessmen and assured to extend all support from the chamber for establishing new companies in the Asir Region.