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Indian delegation seeks to enhance trade, investment

A high-powered Indian trade delegation visited Oman recently  to enhance trade relations and seek investment opportunities in various sectors in the Sultanate, especially in small and medium enterprises.

The ten-member delegation from the PHD Chamber of Commerce and Industry, India’s oldest trade body, is led by Anil Khaitan, vice-president of the chamber. The delegation members represent a variety of industries, including information technology, agro-products, food processing, logistics, trade, tourism and media.

There is a scope for better cooperation in small and medium enterprises of both countries in exchanging expertise and experience, said Ajay Kumar, chief executive officer and editor of Big Broadcasting Corporation.

Ajay Kumar said that India, with its new prime minister, is focusing of strengthening economic cooperation with Gulf countries, including Oman.

PHD Chamber of Commerce and Industry has a lot to offer in terms of providing training for young entrepreneurs for establishing small and medium enterprises, which is a focused area for development in Oman.

V. K. Mishra, chairman, international affairs committee for Middle East, PHD Chamber and Director, is another member of the delegation.

The delegation met top-level officials at the ministries of tourism and commerce and industry, besides meeting officials of Oman Chamber of Commerce and Industry (OCCI). The OCCI has organised a one-to-one meeting between Indian businessmen and their Omani counterparts for discussing investment and business opportunities.

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