Indian businessmen have invested SR1.5 billion ($400 million) in 39 companies and 30 joint ventures in the Kingdom of Saudi Arabia, according to Hifzur Rehman, consul information and administration at the Consulate General of India in Saudi Arabia.
Speaking to Arab News, he said trade exchange between the two sides had crossed $6.5 billion. India is the fourth largest market for Saudi exports and the ninth major destination for the Kingdom's imports.
