Envoy: $100bn Saudi investment in India ‘on track’

RIYADH: Saudi Arabia’s plan to invest over $100 billion in India is still on track despite the negative impact of the coronavirus pandemic, said the Kingdom’s ambassador to New Delhi.
In February 2019, Crown Prince Mohammed bin Salman announced that the Kingdom would invest over $100 billion in India in petrochemicals, refining, infrastructure, mining, manufacturing, agriculture and several other sectors.
Ambassador Saud Al-Sati said Saudi Arabia values India as a strategic partner and close friend.