Indian-Saudi Companies Ink 50 Deals Across Diverse Sectors

15 Sep 2023 CW Team

Indian and Saudi Arabian companies have forged strategic partnerships, sealing 50 major deals spanning diverse sectors, from technology to energy. This significant collaboration aims to strengthen economic ties between the two nations and foster innovation in multiple industries.

The agreements encompass a wide array of sectors, including renewable energy, healthcare, information technology, and infrastructure development. These deals reflect the commitment of both nations to fostering economic growth and international cooperation.

Key areas of collaboration include renewable energy projects that contribute to sustainable development goals, the exchange of technological expertise, and advancements in healthcare services. The bilateral agreements are expected to boost employment opportunities and enhance the business environment for investors.

This collaboration signifies the ever-growing economic relationship between India and Saudi Arabia, with both countries recognising the potential for mutual growth and development. These 50 deals serve as a testament to the shared vision of prosperity and innovation between these two influential nations.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..