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Is Saudi helpfull to India? Saudi to invest $100 billion in India

Is Saudi Helpfull to India?

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Modi said that India and Saudi Arabia are committed to preserving peace and prosperity in West Asia. Pulwama’s suicide attack is a pinnacle for the brutality of the gunmen. It’s time for steelworks to be tougher on terrorism that has become a challenge to the whole world. Modi spoke at a joint press conference after meeting with Saudi Prime Minister Mohammed bin Salman on his visit to India.

Saudi is one of the key strategic partners in India and its bond is constantly strengthening. Prime Minister Narendra Modi expressed his support to the Saudi crown prince’s support for India in the fight against terrorism. Saudi Arabia has invested $ 100 billion (over Rs 7 lakh crore) in the country, expressing vast confidence in the Indian economy. Saudi Prime Minister Mohammed bin Salman today announced his intention to invest in energy, refining, petrochemicals, infrastructure, agriculture and manufacturing.

Saudi Crown prince to invest $100 billion in India

The Saudi Crown Prince said his nation had followed some guidelines from India’s experience and put resources into the IT area after Modi’s visit to the kingdom in 2016.

mohammed bin salman Saudi Crown prince to invest $100 billion in India
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mohammed bin salman Saudi Crown prince to invest $100 billion in India

Saudi Arabia on Wednesday reported that it would put $ 100 billion in India in various divisions as the two nations consented to five arrangements in zones like horticulture, the travel industry, lodging and data and broadcasting.

“Enormous declaration – Saudi Arabia to put $100 bn in India – an immense demonstration of positive support in the Indian economy. PM @narendramodi invited declaration by #SaudiCrownPrince to put resources into regions like vitality, refining, petro-synthetic substances, foundation, horticulture, producing, and so forth,” External Affairs Ministry representative Raveesh Kumar tweeted after talks between the opposite sides.

mohammed bin salman Saudi Crown prince to invest $100 billion in India

The declaration about Saudi interest in India by visiting Saudi Crown Prince Mohammed Bin Salman Al-Saud came two days after he marked venture arrangements to the tune of $ 20 billion with Pakistan amid his visit to Islamabad.

ubi scheme of pm modi (2)
mohammed bin salman Saudi Crown prince to invest $100 billion in India

Talking at a media communication with Prime Minister Narendra Modi after talks between them, the Saudi chief said the two nations needed to make new speculation advantageous for them two. “We need to broaden in different regions, for example, petro-synthetic compounds and capacity,” he included.

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The Saudi Crown Prince said his nation had followed some guidelines from India’s experience and put resources into the IT division after Modi’s visit to the kingdom in 2016. “We realize India is solid in the IT division and we have put a great deal in Saudi Arabia in the IT area and have profited by it,” he included.

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