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New Delhi technology group Nawazinda Total Technologies announced that its representatives were invited to the Saudi-India Forum meet coinciding with the visit of Saudi Crown Prince Mohammad Bin Salman to India. A key focus of the event was to broaden multi-sector business relationships between both countries.
More information about Nawazinda Total Technologies is available at http://www.nawazgroups.com
The event organized by the Saudi Arabian General Investment Authority, the Saudi Center for International Strategic Partnerships and the Confederation of Indian Industry (CII), saw participation by more than 400 delegates from Indian companies as well as investors, economic leaders, and government decision-makers from both countries.
Saudi Oil Minister Khalid Al-Fali has commented extensively about India being a target destination for investment. The minister emphasized India’s status as a priority foreign investment partner in several areas of economic cooperation and partnership. The Saudi-India Forum meet is significant for Nawazinda Total Technologies, with both countries signing memorandums of understanding (MoUs) across strategic sectors, including healthcare, energy & water, technology, arts & entertainment, and trade & investment.
The invitation to investment talks represents a significant opportunity for the company to expand its footprint as a software, networking, and consulting services provider in India. The Saudi-Indian Joint Business Council met under the chairmanship of Dr. Sami Al-Obaidi, President of the Council of Saudi Chambers. The company operates a collaborative offshore development centre in Riyadh, Saudi Arabia’s capital and financial centre.
The investment forum also witnessed the signing of agreements in the areas of minerals, exploration, entertainment, pharmaceuticals, communications and information technology—key sectors of involvement and investment for Nawazinda Total Technologies.
According to Dr. Said Al Rabiya, Chairman, Nawazinda Group, Middle East, Energy, of course, is a major bridge for Saudi Arabia and India but are not just about trade. We are not marketers or sellers. We are investors. We want Saudi companies like Aramco, SABIC, NTT, MASA Co., Nawazinda become household names in India”
Nawazinda Total Technologies is part of the Nawazinda Group, an international group of companies with a presence in India, the United Arab Emirates, Canada, the Kingdom of Saudi Arabia, Singapore, and the United States. The company provides telecommunications, IT, software, transportation, civil, electrical, building construction & maintenance, consultancy, and a range of engineering services. More information is available at the URL above.
Release ID: 495319