Economic and commercial exchanges between India and Oman go back centuries to the merchant community who were early settlers from India in Oman. This has helped in laying the foundation for a multi-dimensional economic relationship between the two countries in recent years as Oman embarked on its process of development and oil revenues started flowing into the country.

The prudent policies have helped Oman’s economy grow at an unprecedented pace enabling the Sultanate to be more reliant on non-petroleum based economy. The country offers evident advantages to Indian investors and organisations to invest or to form joint ventures, partnerships or establish strong distribution channels. The most important factor is the security and stability making the country most suitable for investment and business.

This graph represents the rapidly growing demand of Indian products and services by the Omani Nationals and NRI’s in particular and other communities in general living in Oman, which is thought to pass the $ 350 million mark.

The 350,000 strong Indian community, which includes businessmen, investors, senior professionals and managers occupying key positions in corporate Oman, act as a dynamic link binding the two countries with a decisive contribution in the development of bilateral ties, especially in the economic arena.

In recent years India and Oman have created an environment that is very conducive for expansion of trade and investment ties.