Raja Mandala: MBS’s reform-driven Saudi offers India room to strengthen bilateral ties
The ambition of MbS is to diversify the Saudi economy from its historical reliance on the oil business and develop manufacturing and service sectors through liberalisation at home, and deeper integration with the world.
The first order of business for Prime Minister Narendra Modi in Saudi Arabia this week is business. But the PM should also be interested in the wide-ranging social and religious reform initiated by Crown Prince Mohammed bin Salman over the last few years. Saudi Arabia’s economic transformation envisaged by Prince Mohammed, also known by his initials MbS, opens up huge new opportunities for India’s economic cooperation with the kingdom that has been limited for far too long to the import of oil and export of manpower.
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