India has sought investments from the member countries of the Gulf Cooperation Council (GCC) in sectors like infrastructure during a recently concluded meeting in Saudi Arabia, CII on Thursday said.
A 42-member CII delegation participated in the 4th GCC-India Industrial Forum. It underscored the need for building strong business partnership between the two sides and exploring investment avenues in diverse fields, it said in a statement.
The six GCC countries are - Oman, the UAE, Bahrain, Kuwait, Qatar and Saudi Arabia. “As an energy thirsty country, India looks to the oil-rich GCC states for more investments in vital areas, especially in petrochemical and pharmaceutical sectors,” CII said.