India Seeks Global Investment in Mining at Riyadh Forum
Reddy, highlighting the government’s commitment to securing critical minerals for India's renewable energy ambitions, invited international investors to tap into the potential of India’s mining industry. “Value addition across the entire supply chain is key to ensuring greater prosperity,” he said during his remarks.
On the sidelines of the forum, Reddy met with Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, to discuss trade and investment opportunities. He also held bilateral talks with ministers from Brazil, Italy, and Morocco, underscoring the importance of international cooperation in the minerals sector.
Reddy participated in the forum’s inaugural session at the King Abdulaziz International Conference Centre and visited the India pavilion, set up by the Ministry of Mines alongside Coal India, GSI, NMDC, NALCO, and MECL. He also interacted with members of the local Indian diaspora.
The Union Minister is currently on an official visit to Riyadh from January 14-16, 2025, to promote India's mining and mineral development opportunities.