Saudi Arabia’s Public Investment Fund in June announced a $1.5-billion investment in Jio Platforms for a 2.32 per cent stake. Another Saudi company Al- Fanar is executing a 300-Mw power project in Gujarat. Ahead of Saudi Arabia’s National Day on September 23, Saud Bin Mohammed Al-Sati, the country’s ambassador to India, discusses the progress on Vision 2030, in an interview with Jyoti Mukul. Edited excerpts:
Saudi Arabia is among the top five trading partners of India. How far has the trade basket diversified over the past few years?
Bilateral trade between Saudi Arabia and India has increased significantly in the