| | MAY 20224 We are in the 76th year of India-Saudi Arabia bilateral trade relations. The bilateral corridor has witnessed unprecedented trade growth over the past few years. According to the General Authority of Statistics, India was Saudi Arabia's second-largest trading partner in yesteryear. According to India's Department of Commerce, the financial year clocked trade between the two countries at $24.9 billion, an increase of 94 percent over the same period the previous year. It's an outstanding achievement for both countries that current trends indicate that bilateral trade will surpass pre-pandemic levels sooner than expected. The internal progressions, ambitions, and government's vision also account for the acceleration in the bilateral corridor. While Saudi's long-term initiative `Saudi Vision 2030' is going in full swing, India is also well on its way to achieving its long-term export goals. The country surpassing its global export target of $400 billion set for this year by Prime Minister Narendra Modi is an excellent example. Specifically, Indian exports to Saudi Arabia have comfortably exceeded the set target. It's a golden opportunity for Indian leaders in the peninsula. According to the deal dynamics, the beneficiary sectors include business services, telecommunications, construction and development, education, the environment, the financial industry, health services, tourism, hospitality, and maritime and air transport services, among others. In this issue of CEO Insights, we tell the stories of some of the iconic Indian leaders shining in Saudi Arabia's business landscape.Do let us know your thoughts.Sujith VasudevanEditorsujith@ceoinsightsindia.comA Long Game in the Bilateral CorridorVol 03 · Issue 12 ·May 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan EditorialKeerthana Kantharaj Sthitaprajnya PanigrahiTanuja Akkannavar Deepawali DuttaAveek Pal Chaudhuri Ananth V Lakshmi G Group Art DirectorAshok KumarNoida Rohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technolo-gies India Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Design Suanya Chakraborty Souvik Acharya Rajesh R.BVP - Sales & Marketing Amrit SinghCirculation Manager Magendran PerumalEditorial
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