India and Saudi Arabia to collaborate in fintech and clean hydrogen
POWER & RENEWABLE ENERGY

India and Saudi Arabia to collaborate in fintech and clean hydrogen

India and Saudi Arabia are exploring partnerships in fintech, clean hydrogen, energy efficiency, new technologies, textiles, and mining to enhance trade and investment, according to an official statement. These discussions took place during Commerce and Industry Minister Piyush Goyal's recent visit to Riyadh, where he co-chaired the second meeting of the economy and investment committee under the India-Saudi Strategic Partnership Council with Saudi Energy Minister Abdulaziz bin Salman Al-Saud.

At the Future Investment Initiative (FII) event, Goyal encouraged global investors to capitalise on emerging opportunities in India, especially in sectors like artificial intelligence, renewable energy, digital infrastructure, and advanced manufacturing. Saudi Arabia is India’s fourth-largest trading partner, while India ranks as Saudi Arabia's second-largest trade partner. (ET)

India and Saudi Arabia are exploring partnerships in fintech, clean hydrogen, energy efficiency, new technologies, textiles, and mining to enhance trade and investment, according to an official statement. These discussions took place during Commerce and Industry Minister Piyush Goyal's recent visit to Riyadh, where he co-chaired the second meeting of the economy and investment committee under the India-Saudi Strategic Partnership Council with Saudi Energy Minister Abdulaziz bin Salman Al-Saud. At the Future Investment Initiative (FII) event, Goyal encouraged global investors to capitalise on emerging opportunities in India, especially in sectors like artificial intelligence, renewable energy, digital infrastructure, and advanced manufacturing. Saudi Arabia is India’s fourth-largest trading partner, while India ranks as Saudi Arabia's second-largest trade partner. (ET)

Next Story
Infrastructure Transport

Maharashtra Approves Rs 9.31 Bn for Bhandara–Gadchiroli Expressway

The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the revised design and funding of Rs 9.31 billion for the Bhandara–Gadchiroli controlled access expressway, a project expected to enhance connectivity across Vidarbha.The 94.2 km expressway, to be implemented by the Maharashtra State Road Development Corporation (MSRDC), will cut the Bhandara–Gadchiroli distance by 23 km and reduce travel time to 1.5 hours. Of the sanctioned funds, Rs 5.34 billion has been earmarked for project work and Rs 3.96 billion for interest, with land acquisition to begin shortly.The..

Next Story
Infrastructure Energy

Waaree Energies to Offload 14.66% Stake in Indosolar via OFS

Waaree Energies, promoter of Indosolar, will sell up to 61 lakh equity shares, representing 14.66 per cent of Indosolar’s paid-up capital, through an Offer for Sale (OFS) on stock exchanges. The move is aimed at meeting SEBI’s minimum public shareholding (MPS) norms.The OFS will open for non-retail investors on September 18 (T-day), followed by retail investors on September 19 (T+1 day), through a dedicated trading window. Each share carries a face value of Rs 10.Antique Stock Broking has been appointed as the seller’s broker to manage the transaction, ensuring compliance and transparenc..

Next Story
Infrastructure Energy

Gujarat Adds 6,632 MW Renewable Capacity in 2025

Gujarat has added 6,632 MW of renewable energy capacity between April and August 2025, taking its total installed capacity to 39,275.7 MW.The surge is driven by large-scale solar parks, hybrid solar-wind projects, and enhanced transmission infrastructure, further cementing Gujarat’s position as a renewable energy leader.Officials said the expansion supports the state’s sustainable energy goals while strengthening grid reliability and ensuring long-term energy security.News source: Bharat Aawaz ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?