Piyush Goel commends Indian businesses at FII 7th edition in Riyadh

During the event, Minister of Commerce and Industry, Piyush Goyal, took the opportunity to meet with Indian business leaders based in Saudi Arabia.


ANI | Updated: 26-10-2023 15:47 IST | Created: 26-10-2023 15:47 IST
Piyush Goel commends Indian businesses at FII 7th edition in Riyadh
Minister of Commerce and Industry Piyush Goyal at FII 7th Edition in Riyadh (Photo- India in Saudi Arabia/X). Image Credit: ANI
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  • Saudi Arabia

The Future Investment Initiative (FII) Institute's 7th Edition, themed "The New Compass," took place in Riyadh, Saudi Arabia. The event has attracted global investors, business leaders, policymakers, inventors, and explorers who gathered to explore new markets and navigate uncharted economic territories. During the event, Minister of Commerce and Industry, Piyush Goyal, took the opportunity to meet with Indian business leaders based in Saudi Arabia.

Goyal praised the significant contribution of Indian businesses to strengthening the relations between India and Saudi Arabia. Currently, more than 2800 Indian companies are registered and operating in the Kingdom of Saudi Arabia, reflecting the close economic ties between the two nations.

Earlier on Wednesday, Union Minister Piyush Goyal met his Saudi counterpart Majid bin Abdullah Alkassabi and discussed how the robust India-Saudi trade ties can be further scaled to make global supply chains more resilient. The Future Investment Initiative (FII) Institute has designed 'The New Compass' program as an interactive platform to assist investors in evaluating their company's pathways and their roles in shaping the global economy.

The program aims to help participants develop new strategies for understanding the significant challenges and opportunities of this evolving era. The FII, now in its 7th Edition, continues to be a magnet for leading investors and influential figures from the global business landscape.

The event serves as a forum to facilitate discussions on emerging markets and the exploration of new frontiers for economic growth and prosperity. The 7th Edition of FII in Riyadh presents a unique opportunity for visionaries and leaders to forge alliances and develop innovative approaches to navigate the evolving global business landscape.

The FII 7th Edition in Riyadh is a testament to the ongoing commitment of nations and businesses worldwide to adapt and thrive in a rapidly changing economic environment. The event took place from October 24 to October 26, fostering collaboration, partnership building, and the exploration of new opportunities in the global economy. (ANI)

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