3 days ago
Qatar-India trade relations soar as Chambers eye new avenues
Tribune News Network
Doha
Qatar Chamber recently hosted a trade delegation from India, led by Sushma Kolwankar, Chairman of the Indian IGTD EXIM Chamber of Commerce.
The delegation was received by Qatar Chamber board member Abdulrahman bin Abduljalil Al Abdulghani, in the presence of board member Dr Mohamed Jawhar Al Mohamed, Commercial Attaché at the Indian Embassy in Qatar Deepak Pundir, and a number of Qatari businessmen.
The meeting focused on strengthening trade and economic cooperation between the two countries, particularly in the agriculture and food sectors.
Discussions also explored avenues of collaboration between both chambers, aiming to bolster ties between the business communities of both nations and activate the private sector's role in enhancing trade exchange and promoting mutual investments.
Speaking at the meeting, Al Abdulghani praised the strong and growing relations between Qatar and India, especially in the commercial and economic fields. He noted that bilateral trade between the two countries reached QR 43.3 billion last year, positioning India as one of Qatar's most important trading partners.
He highlighted the presence of 130 companies in Qatar with 100% Indian capital, alongside a multitude of Indian firms operating in partnership with Qatari companies across various economic sectors.
He invited Indian companies to explore the wide range of opportunities available in the Qatari market and to enhance partnerships with Qatari counterparts. Qatar, he noted, offers world-class infrastructure, advanced economic legislation, and a business-friendly environment supported by attractive investment incentives and facilities.
Al Abdulghani further reaffirmed the Chamber's commitment to encouraging cooperation between Qatari and Indian business owners and investors. He also urged Qatari investors to explore India's thriving investment landscape, describing India as an ideal investment destination.
For his part, Dr Mohamed bin Jawhar Al-Mohamed welcomed the Indian delegation, affirming that the Qatar Chamber encourages cooperation between Qatari and Indian companies across all sectors, particularly in the fields of food security and agriculture.
He noted that the strong and longstanding relations between the two countries pave the way for greater collaboration at the business level, highlighting the numerous opportunities for partnership and investment between Qatari investors and their Indian counterparts.
Sushma Kolwankar, Chairman of the Indian IGTD EXIM Chamber of Commerce, affirmed the strong relations between the two countries, noting that this was the delegation's second visit to Qatar, which reflects its keenness to strengthen cooperation with Qatari companies across various sectors, including food security.
She also expressed her hope for the Qatar Chamber's support of Indian companies seeking to establish partnerships and joint ventures with their Qatari counterparts.
In turn, Deepak Pundir, Commercial Attaché at the Indian Embassy in Qatar, highlighted the strong economic ties between the two countries and emphasized their substantial volume of bilateral trade.
He also emphasized the delegation's eagerness to take advantage of the incentives and opportunities available in Qatar and to establish partnerships with Qatari business owners.
The meeting also featured a presentation on investment opportunities in Qatar by Maryam Al Malki, Senior Executive Investor Relations at Invest Qatar and included bilateral meetings between Qatari and Indian businessmen.
