By IANS
<p>New Delhi, July 17 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said that he held “a productive meeting” with Faisal bin Fadel Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning.</p>
<p>“Discussed strengthening India-Saudi Arabia ties, with a focus on enhancing our trade and investment partnership and collaborating in key sectors like pharmaceuticals, petroleum and ceramics,” Goyal said in a post on X.</p>
<p>The minister also extended an invitation to Faisal bin Fadel Al-Ibrahim to visit India at the earliest.</p>
<p>“We are confident of exciting growth prospects ahead for both nations,” Goyal said.</p>
<p>India and Saudi Arabia share robust trade relations, with both countries being significant trading partners. Oil-rich Saudi Arabia is a key source of energy for India. Bilateral trade has seen steady growth, reaching $42.98 billion in FY 2023-24. India’s