Growing strategic ties see record number of Indians visiting Saudi Arabia


Posted on 23rd Feb 2015 12:27 pm by mohit kumar

Bengaluru, Feb 21 (IANS) A record 1.2 million Indians were granted visas to visit Saudi Arabia in 2014, indicating the surge in contacts and diversification of ties between the two countries, the country's top envoy has said.

"Our embassy issued 1.2 million visas in India in 2014, a record for a Saudi mission anywhere," Saudi ambassador Saud Mohammed Alsati told IANS here. Similarly, the number of Indian expatriates in the desert kingdom has gone up to a staggering three million - one of the largest Indian diaspora in any country - over the years.

"In the past few years, our strategic partnership with India has strengthened remarkably, expanding in key areas such as trade and investments, energy, science and technology, education and culture as well as security and defence," Alsati recalled.

Alsati, who has been in India for the past three years, was on a day-long visit to this tech hub Thursday for official engagements, including a meeting with Karnataka Governor Vajubhai Vala on promoting socio-economic ties between the two countries.

"We want more Saudi students to do higher education in India, especially in science and technology, information technology (IT), biotechnology (BT) and aerospace to benefit them in pursuing a rewarding career," Alsati said on the margins of an event here.

About 100 students from Saudi Arabia are currently studying in Bengaluru, including some on scholarship for graduating in science and technology. "We are working to deepen our energy partnership with India by focusing on investment, joint ventures and technology transfer," Alsati said after interacting with officials of Saudi hydrocarbon major Sabic and the Indian chemicals and fertilisers ministry.

The $50-billion Sabic (Saudi Basic Industries Corporation) has a $100-million technology centre on the city's outskirts, doing research in chemistry, material science, process engineering and analytics. Ranked among the world's top petrochemical firms, the Riyadh-based diversified manufacturing firm is also active in chemicals and intermediates, industrial polymers, fertilisers and metals.

"We have been a major pillar for India's energy security for many years meeting about 20 percent of its oil imports presently. We have agreed to enhance our cooperation in a broad range of areas spanning energy, pharma, textiles, education, tourism and vocation training," Alsati pointed out.

The Saudi-India joint commission met at Riyadh year ago to tap opportunities in both the countries in various sectors spanning trade and economy.

King Salman bin Abdul Aziz Al Saud, who as crown prince visited India year ago to attend the joint panel's meeting, reiterated the resolve of the kingdom's leadership to strengthen the strategic partnership between the two countries.

The strategic partnership between Saudi Arabia and India had grown remarkably, expanding in key areas such as trade and investments, energy, science and technology, education, culture and security and defence.

Sabic was founded in 1976 when the Saudi government decided to use hydrocarbon gases associated with its oil production as feedstock to produce chemicals, polymers and fertilisers. As a major investor, the Saudi government has 70 percent equity stake in Sabic, with the balance 30 percent held by private investors in the kingdom and other Gulf countries.

(Fakir Balaji can be contacted at fakir.b@ians.in)

0 Like 0 Dislike
Previous news Next news
Other news

Snooki not joining 'The Real Housewives...'

Los Angeles, Feb 18 (IANS) Reality TV star Nicole Polizzi, popular as Snooki, will not join the

US Commander said: India-America facing similar security challenges from China, Biden government is providing such help

America's top commander has said in his statement that the security challenges of India and Ameri

Covid-19: The variant spreading in India is proving to be 'lethal' in America, death figures raise concern

The rising cases of coronavirus are a cause of concern for the whole world these days. This time

Before reaching the Shamshera trailer event, Ranbir Kapoor had an accident, and Alia's husband survived.

The trailer of Ranbir Kapoor's film Shamshera has been released today. A few days before the film

Congress's argument in the Supreme Court on MP's political drama Part-1 in Delhi / BJP's demand for floor test - Speaker paramount, Governor dominating them

Hearing is going on in the Supreme Court on the demand of the floor test by the BJP amidst the po

Parcels with cow-pig eyes in Ukrainian embassies: Now 17 such cases have been found in Europe, and earlier letter bombs have been sent

Suspicious parcels have been found in several Ukrainian embassies located in countries in Europe.

New IPO: Four IPOs are coming on the market on September 27, know how long you can invest? What is the price band?

Apart from equity and F&O segments, investors also keep an eye on new IPOs to make profits in

Train Accident: Goods train crashes near Gurpa station on the Howrah-New Delhi route, and many trains canceled

Train Accident Howrah New Delhi Route 53 bogies of a coal-laden goods train derailed near Gurpa s

Samsung Galaxy S24 Series: Before launch, know the specifications of Samsung's upcoming series, it will be equipped with these features

Samsung is in the news these days about its upcoming flagship series. The company is planning to

Maharashtra: Sanjay Raut's Dussehra will be spent in jail, bail hearing postponed till October 10

A hearing on the bail of Shiv Sena Sanjay Raut, who has been in jail for nearly two months in Mum

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash