94.8% jump in number of Indian businesses registering with Invest Easy portal

94.8% jump in number of Indian businesses registering with Invest Easy portal

Muscat: Trade and investment flows between India and Oman have remained on a positive trajectory despite the pandemic. This can be seen in the 94. 8% increase in number of Indian businesses registering with the Ministry of Commerce, Industry & Investment Promotion's (MoCIIP's) Invest Easy portal, up from 450 in 2019 to 877 in 2021. Today, Indian businesses are operating in multiple industries across every region of Oman with an estimated investment of US$7. 5 billion. This was stated by the Ministry of Commerce, Industry & Investment Promotion which wrapped up a successful trade and investment mission to India on Friday. Led by Qais Al Yousef, Minister of Commerce, Industry & Investment Promotion and accompanied by over 40 high-profile Omani organisations the delegation visited New Delhi and Mumbai to develop new business opportunities and strengthen investment and trade ties in manufacturing, healthcare, renewables and tourism. After an intensive series of trade and investment focused meetings with Indian ministers and leading industrialists earlier in the week, on Thursday Minister Al Yousef held talks with senior officials at Invest in India and Niti Aayog, the Indian Government's public policy think tank. He then went on to deliver opening remarks at the 10th