Muscat: Embassy of India, Muscat, will be organising a business-to-business (B2B) meeting between Indian and Omani companies participating in BIG Show Oman. The B2B meeting will be held on March 14, 2017 at 6 pm at the premises of the embassy in Diplomatic Enclave, Al Khuwair. The B2B meeting will be graced by the presence of Dr. Ali bin Masoud bin Ali Al Sunaidy, Minister of Commerce and Industry of the Sultanate of Oman as the Chief Guest.
Around 75 Indian companies, representing various sectors,will beparticipating in Big Show Oman. For the first time, two leading Indian business chambers, namely the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Federation of Indian Export Organisations (FIEO), have organised participation of Indian companies and will be setting up an ‘India Pavilion’ at Big Show,which will be held at Oman Convention & Exhibition Centre. Indian companies will be representing a number of sectors, including building materials, construction equipment, ceramics and tiles, bathroom fittings, wood machinery, interior design, stones and marbles, landscape designing, semi-precious gemstone, paints and chemicals, coir products, concrete and cement, footwear, food processing equipment, leather goods, surgical instruments, hand tools, etc.
TheB2B meeting is a part of the embassy’s endeavour to enhance contacts between business communities of India and Oman. B2B meetings serve as a useful platform for forging business tie-ups and contribute towards tapping the huge potential for trade and investments between India and Oman. Indian Embassy has been organising similar B2B meetings for Indian companies participating at other international trade exhibitions organised in Muscat. Even though mutual investments between Indian and Oman have remained robust, there has been a decline in bilateral trade during past two years. Mutual exchange of trade delegations and participation in trade exhibitions and investment promotion fora are considered very useful tools in enhancing bilateral trade and increasing mutual investments.