Doha: The Qatar Chamber (QC) discussed on Monday with a delegation of businessmen from the Republic of India the opportunities available to enhance cooperation and partnership between the Qatari and Indian private sectors, and the promising investment sectors for investors in both countries.
QC Board Member HE Mohammed bin Mahdi Al Ahbabi headed the Qatari side, while Co-Chair of the International Affairs Committee at PHDCCI India Sanjay Beswal led the Indian side.
HE Mohammed bin Mahdi Al Ahbabi highlighted the strong cooperation between Qatar and India at all levels, particularly in trade and economic relations. He noted that India is one of Qatar's most important trading partners, with bilateral trade reaching QR 48 billion in 2024.
He added that the Indian business community plays an active role in supporting Qatar's economic development through the presence of numerous Indian companies operating across various sectors in the Qatari market.
He also emphasized the QC's commitment to strengthening partnerships and cooperation between Qatari and Indian companies through joint investments and projects across diverse sectors, including energy, infrastructure, technology, healthcare, and food security.
Al Ahbabi invited Indian companies to explore the investment opportunities available in Qatar, highlighting the country's advanced infrastructure and progressive legislation, which pave the way for deeper collaboration between the Qatari and Indian business communities
For his part, Sanjay Beswal noted that PHDCCI is one of India's oldest chambers, established over 128 years ago, and includes a wide range of leading companies, including SMEs across all sectors.
He expressed his keenness to enhance cooperation with Qatar Chamber to develop stronger partnerships between the business sectors of both countries, especially given the shared desire to expand trade and economic cooperation.
He highlighted the strong economic and commercial ties between the two countries, noting that India is one of Qatar's leading exporters.
He also pointed out that many Indian companies are keen to invest in Qatar and collaborate with Qatari counterparts across all sectors, inviting Qatari investors to explore India's promising investment opportunities in infrastructure, education, healthcare, services, renewable energy, technology, and innovation, supported by legislative reforms, incentives, and a pro-business environment.
Beswal invited Qatari businessmen and investors to visit India to explore available opportunities and meet their Indian counterparts to discuss cooperation and joint ventures.
The meeting also included a presentation highlighting investment opportunities in India across sectors such as energy, infrastructure, transport, smart cities, technology and innovation, food security, agriculture, healthcare and pharmaceuticals, renewable energy, and fintech.
Also present at the meeting were Commercial Attache at the Indian Embassy in Qatar Deepak Pundir, along with a number of Qatari businessmen and their Indian counterparts.
