Indian official hails Bahrain attempts to diversify economy

Published April 27th, 2006 - 06:43 GMT
Al Bawaba
Al Bawaba

Bahrain's attempts to diversify its economy has created many business opportunities for Indian investors, an industry leader has said. According to the GDN, Confederation of Indian Industry (CII) principal adviser A C Patankar said it was vital for the Indian Industry to provide close attention to Bahrain and other GCC states.

 

According to him, all GCC nations were in the process of diversifying their industrial bases to provide opportunities to the younger generation and also to reduce their dependence on oil income.