- Mon, 14 Oct 2024 4 Min Read
Sealmatic Partners With Saudi Thalate General Manufacturing Industrial Co Ltd (STG) In Saudi Arabia
MUMBAI, India, Oct. 14, 2024 -- Sealmatic India Ltd, listed on the Bombay Stock Exchange (BSE: 543782), is proud to announce that it has signed an agency agreement with Saudi Thalate General Manufacturing Industrial Co Ltd (STG), thus; marking a significant step in the company's expansion into the Kingdom of Saudi Arabia (KSA).
The relationship between KSA and India has grown stronger in recent years, particularly in areas such as trade, energy, investment and strategic partnerships. Thus, exploring the investment opportunities in both countries, focusing on sectors such as infrastructure, mining, renewable energy, agriculture and so on. India, being the world's third largest consumer of crude oil, depends heavily on KSA to power its economy.