Qatar, India aim ‘greater possibilities’ for trade and investments: Envoy – The Peninsula

Qatar, India aim ‘greater possibilities’ for trade and investments: Envoy – The Peninsula

Ambassador of India to Qatar, H E Vipul addressing the event.

Doha, Qatar: The Kerala Business Forum (KBF) hosted a ‘curtain raiser’ event for the upcoming KBF Business Connect 2024, which will be held on April 30 and May 1.

The event took place in the presence of the Ambassador of India to Qatar, H E Vipul; KBF President, Aji Kuriakose; Vice President, Kimi Alexander; General Secretary, Manzoor Moideen and other officials from the Indian Business Professional Council (IBPC), yesterday.

Addressing the gathering at the event, the Indian Ambassador noted the excellent ties between the two countries in investments and trade as business forums foster growth and connectivity.

He reiterated that the annual trade volume between Qatar and India is positioned firm with $19bn (QR69.17bn), among which $17bn (QR61.89bn) is the energy exports alone.

Vipul said “Both our economies are growing very strong. India is the fifth largest economy at present and will soon be the third largest. At the same time, Qatar has a strong economy too. They’re looking at further increasing their LNG expansion to almost 140 million tons per annum. And with that, I think there will also be growth in the country including the population itself, as well as