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

Cabinet Clears Rs 1,853 Cr Four-Lane Highway in Tamil Nadu

The Union Cabinet has approved the four-laning of the 46.7 km Paramakudi-Ramanathapuram stretch of NH-87 in Tamil Nadu at a cost of Rs 1,853 crore under the Hybrid Annuity Model. The project will ease traffic congestion and improve connectivity between key towns and economic zones.The highway links five NHs and three SHs, and connects to Madurai airport, Rameshwaram port, and major railway stations. It is expected to generate 18 lakh+ person-days of employment and boost tourism and trade in the region. ..

Next Story
Infrastructure Energy

Minister Inaugurates New Tech, Campaigns at SECL Mines

Union Minister of State Shri Satish Chandra Dubey visited SECL mines, inaugurating a low-height Continuous Miner at Chirimiri’s NCPH mine and a mechanical ventilator at Churcha mine. He praised the use of advanced technology to boost safe underground coal production, targeting 100 million tonnes by 2030.He also planted trees under ‘Ek Ped Maa Ke Naam’, inaugurated bio-toilets for women miners, and honoured workers. In Raipur, he met Chhattisgarh CM to discuss land acquisition for coal projects. ..

Next Story
Infrastructure Energy

Coal Ministry to Launch Digital Exploration Module

The Ministry of Coal will unveil a digital Exploration Module on the Single Window Clearance System (SWCS) on 4 July 2025. Developed with CMPDIL, the module digitises the end-to-end coal exploration approval process—from submission to clearance—ensuring faster, transparent decision-making.This addition enhances SWCS, which already hosts Mining Plan, Mine Opening, and Clearance modules integrated with NSWS and PARIVESH. The portal has reduced proposal processing time by 50%, bolstering India’s energy security and e-governance vision. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?