PHDCCI Senior Secretary Dr Jatinder Singh stressed the need for formal agreements to strengthen institutional trust, adding that confidence and credibility will be crucial for sustaining long-term growth in bilateral ties
Qatar is steadily strengthening its position as a key gateway for next-generation global business, with Indian industry leaders and diplomats highlighting its growing appeal for investors, startups, and multinational firms. This view was shared at a recent business-to-business (B2B) meeting between Qatar Chamber and the PHD Chamber of Commerce and Industry (PHDCCI), held at the Qatar Chamber’s Lusail headquarters.
Speaking at the meeting, Anuj Khanna, Co-Chairman of PHDCCI’s Housing and Urban Development Committee, described Qatar as a long-term opportunity for the Middle East, Africa, and global markets. He said that while traditional fundraising hubs such as Dubai are becoming saturated, Qatar offers strong legal systems and a high level of financial trust, comparable to global centres like Singapore. Khanna encouraged deeper cooperation in real estate and technology, especially in light of India’s recent easing of foreign direct investment rules in the property sector.
Qatar Chamber’s Second Vice-Chairman, Rashid bin Hamad Al-Athba, highlighted the strong and growing ties between Qatar and India, particularly in trade and investment. He noted that bilateral trade reached about QR47 billion in 2024, making India one of Qatar’s most important trading partners. He urged businesses from both countries to explore new areas of cooperation, supported by Qatar’s advanced infrastructure, free zones, and investor-friendly laws.
Deepak Pundir, Commercial Attaché at the Indian Embassy in Qatar, said relations have now been elevated to a strategic partnership. He noted that current trade stands at around $14 billion, largely driven by energy exports from Qatar, with both sides aiming to double this to $28 billion by 2030. Qatar has also pledged $10 billion in investments in India.
