18/10/2015 07:34 AST

Omani companies have been encouraged to invest in India’s textile sector, which is the second largest employer in that country, offering direct employment to around 35 million people.

Textiles are an important part of India’s exports to the Sultanate and India ‘absolutely’ welcomes Omani investments in this industry, Indra Mani Pandey, India’s ambassador to the Sultanate, told ‘Times of Oman’.

He made the comments at an exhibition entitled ‘Vastram -Splendid World of Indian Textiles’, featuring more than 30 traditional Indian textiles and a large site-specific installation in three categories of painted/printed, woven/non-woven, embroidery and embellishments.

The collection of Indian Council of Cultural Relations, put together by Shelly Jyoti, an artist, fashion designer and poet, was inaugurated at Oman Avenues Mall on Thursday as part of the 60th anniversary celebrations of India-Oman diplomatic ties. The exhibition runs until October 25.

“Recently, there was Oman-India Investment Meet and in two months’ time, we are going to organise another investors’ meet. We very much welcome Omani companies to go and invest in India, and we are ready to facilitate it,” the ambassador said.


Times of Oman

Ticker Price Volume
QNBK 196.99 124,786
APPC 53.30 133,976
SABIC 119.80 1,240,718
SAICO 11.92 520,367
STC 84.50 76,808
JARIR 154.40 89,382
ALINMA 22.04 8,511,404
Saudi tech startup sector rapidly evolving to help in economic expansion

10/12/2018

Saudi Arabia’s tech startup ecosystem may be nascent, but is rapidly evolving to support economic growth, a new report by Wamda, in collaboration with OC&C Strategy Consultants, shared at the Riyadh

Saudi Gazette

Leading Emirates health care, education investor eyes Saudi Arabia

10/12/2018

Since launching Foundation Holdings in 2016, Abhishek Sharma has scoured the GCC and India for investment opportunities. Now, the prominent UAE health care and education investor is closing in on ta

Arab News

Qatar Chamber, Indonesian delegation discuss promoting cooperation

10/12/2018

The Qatar Chamber (QC) has discussed prospects of promoting cooperation in different investment fields, with a visiting Indonesian trade delegation headed by Head of Investment Division at the Indone

The Peninsula

Boosting trade & investment key to GCC growth: IMF

10/12/2018

Trade and investments are key to the diversification and growth in the GCC. Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a larg

The Peninsula

Economic recovery expected to improve profitability of GCC banks in 2019

10/12/2018

The GCC banking sector is set for improved profitability, better asset quality and stable balance sheet strength in 2019, thanks to a better operating environment supported by higher government spend

Gulf News