Stalwart International20 Apr, 2026Technology
Import to this region is expected to see a significant boost as infrastructure projects, petrochemical sector growth, and diversification of manufacturing endeavors, driven by respective government plans. Countries like Saudi Arabia, UAE, and Oman are actively boosting industrialization, which in turn is the sustained driver for imports of process equipment. India’s exports to the GCC countries grew by about 44 percent to around US $43.9 billion in the last fiscal, pointing to strong demand for industrial and engineering products from the Gulf region.
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