India and Saudi Arabia Strengthen Cooperation in Chemicals and Petrochemicals Sector

India’s Department of Chemicals & Petrochemicals, led by Nivedita Shukla Verma, met Saudi Arabia’s Ministry of Industry and Minerals, headed by H.E Eng. Khalil bin Ibrahim bin Salamah, to strengthen ties. Bilateral trade reached USD 41.88 billion in 2024–25, with chemicals and petrochemicals contributing USD 4.5 billion. Discussions covered enhanced cooperation, PCPIR investments, and R&D collaboration, recognizing complementary strengths in petrochemicals and specialty chemicals, reaffirming mutually beneficial strategic and economic partnership.