Indian Companies Explore Investment Opportunities in Qatar's Food Sector

Doha, November 09 (QNA) - Qatar Chamber of Commerce and Industry held a meeting on Thursday with a delegation of business owners in India to discuss joint investment opportunities in the food, information technology, services and other sectors. During the meeting, Eng. Ali Bin Abdul-Latif Al Misnad, board member and honorary treasurer, valued the trade cooperation between the two countries, which is reflected in the volume of trade exchange that reached about $8.5 billion in 2016, while India is considered the third destination for Qatari exports after Japan and South Korea. Meanwhile, Qatar is the 10th largest importer of Indian exports. Al Misnad highlighted the presence of a large number of Indian companies operating in Qatar, 26 of them of which are operating with 100 percent Indian capital, in addition to the presence of a large number of Qatari investments in India. (QNA)