Visit to Saudi Arabia-A huge market favouring India Today

摘要

IT was a very good opportunity to visit and study the plastic market in Saudi Arabia.It is a huge but closed market,now opening up in our favour after 9/11 happenings.Previously USA and Europe dominated the market with high profit margins.Now because of changed political scenario and fear of security,they are cautious players.Local Saudi businessmen look at India and China for investments.More than 1.5 million Indian expatriates are our best foot forward for increasing trade with Saudi Arabia in all sectors.These expatriates remit 4-5 billion annually to India.