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Market: India-Qatar work on solar grid polysilicon

Fiinews by Fiinews
February 20, 2025
in Markets
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CII-QBA and Invest India-Invest Qatar signed MoUs

There is high potential for collaboration between India and Qatar in high quality solar grid polysilicon manufacturing, among others, according to panellists at the India-Qatar Joint Business Forum on 18 Feb 2025 in New Delhi https://www.commerce.gov.in/.

India’s position as a gateway to South Asia and Qatar’s role as a hub for the Middle East were also highlighted at the forum during a State Visit of H.H. Sheikh Tamim bin Hamad bin Khalifa Al Thani, Amir of Qatar from 17 to 18 Feb.

India, with its digitalisation prowess, is in a very unique position to provide technology and scale for digital transformation to Qatar, delegates at the forum heard on 18 Feb https://fieo.org/.

The forum was organised by the Confederation of Indian Industry, in partnership with the Department for Promotion of Industry and Internal Trade (DPIIT) https://sbi.com.in/.

The Forum convened business leaders, policymakers and industry experts to explore new avenues of collaboration in relevant sectors.

With bilateral trade surpassing US$15 billion in FY 2023-24, investment flows have increased—ranking among the top three GCC investors in India—but there remains significant untapped potential.

To solidify this growing partnership, two key Memorandums of Understanding (MoUs) were signed during the event:

Confederation of Indian Industry (CII) and Qatar Business Association (QBA) https://www.makeinindia.com/home/;

Invest India and Invest Qatar.

These agreements aim to facilitate business cooperation, enhance investment flows, and foster long-term collaboration in strategic sectors of mutual interest.

DPIIT Joint Secretary Sanjiv emphasized that the India-Qatar business delegation will serve as a catalyst for stronger partnerships https://www.startupindia.gov.in/.

He welcomed Qatar’s participation in Startup India Mahakumbh 2025, scheduled for 3-5 April 2025, which will serve as a landmark initiative fostering deeper startup collaborations and attracting Qatari investments into India’s technology and innovation ecosystem.

CII President Sanjiv Puri highlighted key areas for economic cooperation, including energy security, agriculture, the startup ecosystem, and skill development.

He further emphasized Qatar’s crucial role in India’s energy landscape and stated that CII is committed to facilitating partnerships between Indian and Qatari entities as both nations plan their respective renewable energy goals https://www.opec.org/opec_web/en/.

The Business forum showcased three panel discussions on investments, logistics and advanced manufacturing and futuristic areas such as AI, innovation, sustainability, etc.

The India-Qatar Business Forum reaffirmed the unwavering commitment of both nations to advancing trade, investment, and technology collaboration http://deutsche-boerse.com.

As India and Qatar strengthen their economic ties, they are set to drive prosperity, innovation, and sustainable growth, unlocking a new chapter in their historic partnership, the Ministry of Commerce and Industry said on 18 Feb https://www.iea.org/. fiinews.com

Tags: Ministry of Commerce and Industry
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