NEW DELHI: India and Saudi Arabia have decided to enhance bilateral cooperation in the chemicals and petrochemicals sector, promoting investments and exploring new areas of collaboration, an official statement said on Wednesday.
Bilateral trade between the two countries reached $41.88 billion in 2024–25, with chemicals and petrochemicals contributing 10 per cent, which is nearly $4.5 billion.
A bilateral meeting was held between Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilisers and Ministry of Industry and Minerals, Kingdom of Saudi Arabia.