New Delhi, Oct. 15 -- A bilateral meeting was held between the Department of Chemicals and Petrochemicals (DCPC), Government of India, and the Ministry of Industry and Minerals, Kingdom of Saudi Arabia, to enhance collaboration in the chemicals and petrochemicals sector.

Saudi Arabia is India's fourth-largest trading partner, while India ranks as Saudi Arabia's second-largest trade partner. Bilateral trade between the two nations stood at USD 41.88 billion in 2024-25, with chemicals and petrochemicals contributing about 10 percent (nearly USD 4.5 billion).

Discussions during the meeting centred on expanding bilateral cooperation, promoting investments, and exploring new areas of collaboration across the chemicals and petrochemicals valu...