Saudi Industry Minister Seeks Cooperation on Medical Devices, Automobiles, Machinery in India

Aleqtsad..AlRiyadh

Minister of Industry and Mineral Resources Bandar Alkhorayef held separate meetings with Minister of Chemicals and Fertilizers Jagat Prakash Nadda and Union Minister of Heavy Industries HD Kumaraswamy on his official visit to India. The discussions focused on enhancing cooperation in key sectors, including petrochemicals, fertilizers, pharmaceuticals, medical devices, heavy machinery, automobiles, and spare parts.
In his meeting with Minister Nadda, the two sides underscored the strength of Saudi-Indian relations and the importance of deepening collaboration in petrochemicals and fertilizers. They explored new partnership opportunities in the pharmaceutical and medical devices industries, with India expressing keen interest in expanding cooperation in these fields. The discussions also highlighted joint efforts in investment, trade, and industrial development.
During his talks with Minister Kumaraswamy, Alkhorayef discussed industrial integration between the two nations, emphasizing Saudi Arabia’s national strategy for industry and the role of the iron and steel sector. The meeting highlighted the Kingdom’s hosting of the third annual Saudi International Iron and Steel Conference. Discussions focused on strengthening cooperation in the machinery and automotive industries, including the spare parts sector.
The Indian side expressed interest in collaborating on magnesium ore extraction in Saudi Arabia for the production of refractory raw materials used in the iron and steel industry.