Cuttack, Dec. 19 -- Industry leaders have hailed the India-Oman Comprehensive Economic Partnership Agreement (CEPA) as a significant milestone that will deepen economic engagement between the two nations and open new avenues for Indian businesses.

Subhrakant Panda, Former FICCI President and Managing Director of Indian Metals and Ferro Alloys, described the agreement that was signed on Thursday as part of Prime Minister Narendra Modi's vision of Viksit Bharat, emphasizing that trade and economic ties hold immense significance in India's development trajectory.

Highlighting India's evolving approach to trade agreements, Panda noted that the country has been paying considerable attention to opening up new opportunities in trade, business,...