To attract specific investments .. Details of the meetings of the Minister of Industry in India

The Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al -Khuraif, concluded an official visit to the Republic of India, which included the capital, New Delhi, and Mumbai, during which government officials and leaders of the major Indian companies met, and these bilateral meetings discussed the expansion of the strategic partnership with India in the industry and mining sectors, and attracting investments Quality to the Kingdom.
Meetings with several ministers in the Indian government emphasized the strength of economic relations and bilateral ties between the Kingdom and India, and the importance of deepening joint cooperation in the industry and mining sectors, reviewing mutual investment opportunities in the sectors of petrochemical, medicines, medical devices, heavy machinery, cars, and advanced manufacturing technologies , Research and innovation, ways to enhance cooperation in the field of mining exploration, geological survey, critical mineral production, innovative solutions in mining and mining management.

National Strategies for Industry

The bilateral meetings included the meeting with the Minister of Trade and Industry, the Minister of Coal and Mines, the Minister of Chemicals and Fertilizers, and the Minister of Steel and Heavy Industries.
Minister Al -Khuraif chaired two meetings of the round table in the capital, New Delhi, and the city of Mumbai, gathered by the leaders of the private sector, as well as other bilateral meetings with the heads of the most prominent Hindi, during which he reviewed the qualitative opportunities provided by the National Industry Strategies, the comprehensive mining strategy, and the Kingdom’s places that it provides to foreign investors.

The companies that met the Minister of Industry and Mineral Resources included their officials, Baharat Forge, Vedanta Group, Ashok Leyland, Cipla Pharma, Aditya Birla, UNO Minda, and Essar, in addition to several prominent industrial and mineral companies.

Military industries

The minister visited the headquarters of the “Tata” group in Mumbai, and met the leaders of its companies “Tata Defeense”, “Tata Electronics Limited”, and “Tata Steel Limited”, and discussed with them ways to enhance cooperation in the military industries sector, aviation, electronics, iron, He also visited the Research and Technology Center at the Indian company “UPL”.

The Minister of Industry and Mineral Resources witnessed the signing of a memorandum of understanding between the National Center for Industrial Development and the Indian company Ashok Leyland; In order to localize the bus, trucks and electric vehicles in the Kingdom.
During his visit to the four -day Indian Republic, the Minister was accompanied by a delegation from the industry and mining system, led by the CEO of the local content and government purchases authority Abdul Rahman Al -Samari, and the CEO of the National Center for Industrial Development Saleh Al -Salami, and the visit is in line with the targets of “Vision 2030” by diversifying the economy, and converting Kingdom to a leading industrial power and a global center for mining and minerals.