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January 17th, 2007
Saudi minister for stronger trade ties with India
Addressing the meeting, Habil Khorakiwala, president of the Federation of Indian Chambers of Commerce and Industry (FICCI) said he saw future in collaborations with Saudi Arabia in education, health, processed plant equipment, petrochemicals, fertilisers, infrastructure, construction, machine tools, auto components and pharmaceuticals among other sectors.
"India is rapidly scripting its place in the global arena. It is already acclaimed as the second best destination for investment in the world by AT Kearney. We foresee India as not just a leader in IT; India will also have a broad bandwidth, cutting across the knowledge spectrum - biotechnology, nanotechnology, animation, gaming, chip designing and new molecular discoveries," Khorakiwala said.
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