Friday, April 25, 2025
8:29 PM
Doha,Qatar
RELATED STORIES
Arora: Strong ties.

India keen on an ‘early meeting’ of India–Qatar Business Forum

By Pratap John
Chief Business Reporter


India has expressed keen interest to have an “early meeting” of the India-Qatar Business Forum, which will further strengthen the bilateral relationship between the two countries, ambassador Sanjiv Arora has said.
“We seek collaboration on all areas of mutual interest; the composition really covers a wide spectrum of sectors,” Arora told Gulf Times yesterday.
He said the forum would be a “very good platform to synergise and supplement the mechanisms already in place to expand our economic partnership.”
During the state visit of HH the Emir, Sheikh Tamim bin Hamad al-Thani, to India in March this year, an India-Qatar Business Forum was organised with the participation of a large number of businessmen from both the countries.
He said the bilateral trade between the two countries had been growing consistently. The bilateral trade stood at $17bn in 2013-14; of which $16bn accounted for imports from Qatar.  “We would like our exports to increase and in fact there has been good growth. If you look at the figures for 2012-13, the growth in 2013-14 was as much as 45%.
“On the part of our companies, there are ongoing efforts to diversify their export volumes. For example, in the last three years, the number of companies coming for Project Qatar expo has been increasing. There was a time when no Indian company had turned up for the event.
“In 2013, some 30 Indian companies took part in the expo. And in 2014 there were 45 companies and this year as many as 60 Indian companies participated in the Project Qatar expo. While we would very much like our exports to grow further, we are glad to see the handsome growth in the bilateral trade. Qatar continues to be a vital energy partner for India.”
He said, “At both the government and business levels, we are seeing a positive reaction and expressions of interest in the ‘Make in India’ campaign launched by our Prime Minister Narendra Modi in September 2014. Also, the National Investment and Infrastructure Fund of the Government of India is an area of great promise for both sides.  “So, we are already seeing positive receptivity and interest in these proposals from the Qatari side. And we discern the volume of investments in the coming months and years are poised to grow,” ambassador Arora said.  
He said the ongoing visit of the CII delegation was within the framework of the vast potential and shared interest of both sides to further expand business and investment partnerships. CII had last sent a business delegation to Qatar in September, 2013.

Comments
  • There are no comments.

Add Comments

B1Details

Latest News

SPORT

Canada's youngsters set stage for new era

Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.

1:43 PM February 26 2017
TECHNOLOGY

A payment plan for universal education

Some 60mn primary-school-age children have no access to formal education

11:46 AM December 14 2016
CULTURE

10-man Lekhwiya leave it late to draw Rayyan 2-2

Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions

7:10 AM November 26 2016
ARABIA

Yemeni minister hopes 48-hour truce will be maintained

The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged

10:30 AM November 27 2016
ARABIA

QM initiative aims to educate society on arts and heritage

Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.

10:55 PM November 27 2016
ARABIA

Qatar, Indonesia to boost judicial ties

The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.

10:30 AM November 28 2016
ECONOMY

Sri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.

10:25 AM November 12 2016
B2Details
C7Details