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Article: Oman-India trade is set to reach 2.5 billion dollars
- Article from:
- The Hindustan Times
- Article date:
- August 16, 2009
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Nicosia, Aug. 16 -- Indian Ambassador to Oman Anil Wadhwa has said that bilateral trade between Oman and India is growing steadily and if the recent trade figures are any indication, "it is set to reach 2.5 billion dollars by the end of 2009".
In an interview with Oman Daily Observer on the occasion of India's Independence Day, Wadhwa said that the volume of Indo-Oman bilateral trade was 447 million dollars during January-February 2009 against 398.7 million dollars in the same period last year.
Citing some examples, he said, "L&T has signed a memorandum of understanding for setting up L&T Heavy Engineering Company in Sohar for manufacturing critical equipment for the construction ...