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Expect significant scaling up of Saudi investments: India

PM Modi meets Saudi Crown Prince Mohammed bin Salman Al Saud on the sidelines of G20 Summit. Photograph:( ANI )

Reuters New Delhi, Delhi, India Nov 30, 2018, 09.56 AM (IST)

 India expects Saudi Arabia to ramp up investments in several sectors including technology, farm and energy over the next couple of years, a senior Indian official said, after a meeting between Saudi Crown Prince Mohammed bin Salman and Prime Minister Narendra Modi.

The two men met on the sidelines of the G20 conference in Buenos Aires and agreed to increase economic cooperation. 

"We expect that in the next 2 to 3 years there will be significant scaling up of Saudi investments in India," said Indian Foreign Secretary Vijay Gokhale, providing a readout of the meeting.

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 India expects Saudi Arabia to ramp up investments in several sectors including technology, farm and energy over the next couple of years.