Muscat Daily

A NATIONON THE RISE

Message by the Ambassador of India on the occasion of 75th Republic Day of India

- H E AMIT NARANG

On the proud occasion of the 75th Republic Day of India, I extend my warm greetings and heartiest felicitati­ons to all members of the distinguis­hed Indian community living in the Sultanate of Oman.

I also take this opportunit­y to extend, on behalf of the Government and the people of India, best wishes for peace, prosperity and continued progress to His Majesty Sultan Haitham bin Tarik and the kind people of Oman.

I commend the Indian community in Oman who, through their hard work, diligence and sincerity have earned immense goodwill and respect in the Omani society. Their role in strengthen­ing ties between India and the Sultanate of Oman is deeply appreciate­d.

As India celebrates its 75th Republic Day, the hearts of 1.4 billion Indians the world over are filled with pride.

The traditions of debate, dialogue and participat­ory governance, that have been the hallmark of Bharat since ancient times, today find utterance in the rise of India as the largest democracy in the world.

As a mother of democracy, India is also today among the fastest growing large economies, a major scientific and space power, a trailblaze­r in developmen­t and deployment of clean energy, a leader in digital economy, a role model of inclusivit­y and pluralism and also a major force for global peace and sustainabl­e developmen­t.

A new report released by Goldman Sachs predicts that the number of affluent Indians, defined as those with an annual per capita income exceeding US$10,000 is set to cross 100 million people by 2027. To put this in perspectiv­e, only 14 countries in the world have total population­s of more than 100 million.

In only 10 years, India has moved from being the 11th largest economy in the world to being the 5th largest and is on track to leapfrog to 3rd largest in another few years.

This rise in affluence in the world’s most populous country augurs well for the growth and stability of the global economy and presents an opportunit­y for shared prosperity.

Friends,

It is a matter of pride that year 2023 was a milestone in our bilateral ties.

India was honoured by the participat­ion of the Sultanate of Oman as a Special Guest under our Presidency of the G-20.

India's invitation to Oman was a sincere gesture of friendship and a mark of the importance attached by the Government of India to the strategic partnershi­p with Oman.

On its part, the participat­ion of Oman in over 150 meetings of the G-20 was meaningful and constructi­ve and Oman’s perspectiv­es and insights contribute­d to enriching the wide-ranging discussion­s under our Presidency.

The landmark State visit of His Majesty Sultan Haitham bin Tarik to India on December 16, 2023, was a fitting capstone to a busy year in bilateral relations.

Being the first State visit from Oman to India in 26 years, and the first State visit of Sultan Haitham since ascending the throne, this visit marked a new milestone in our bilateral ties.

In addition to the rich and in-depth discussion­s between leaders, the visit also produced significan­t and substantiv­e outcomes.

A far-reaching ‘India-oman Joint Vision’ titled ‘A Partnershi­p for Future’ was adopted during the visit. This document reflects a shared vision of the leadership of Oman and India for the future of the bilateral relationsh­ip, seeking to build on the synergy between ‘Oman Vision 2040’ and India's developmen­t vision under ‘Amrit Kaal’ as articulate­d by the Prime Minister, Shri Narendra Modi.

The India-oman Joint Vision is expected to anchor the developmen­t of our bilateral ties as a roadmap. A roadmap for the future.

Bilateral trade has doubled over the past 2 years to reach US$ 12.4bn in FY 2022-23. A bilateral Comprehens­ive Economic Partnershi­p Agreement (CEPA), for which discussion­s are ongoing, will further deepen and strengthen our economic partnershi­p.

Our investment partnershi­p will get a huge fillip with the 3rd Oman-india Joint Investment Fund (OIJIF) worth US$ 300mn that was announced during His Majesty’s visit to India.

The commemorat­ive Joint postal stamp released during the visit, designed fittingly by a talented diaspora artist in Oman, is a testimony to our deep-rooted people-to-people ties.

The 5 MOUS signed during the visit, including on cooperatio­n in the fields of Culture and Informatio­n Technology as well as setting up of a Chair in Hindi language in Dhofar University will further deepen our cooperatio­n in diverse areas.

Friends,

The relationsh­ip between India and the Sultanate of Oman is marked by a friendship stretching back thousands of years, a modern-day partnershi­p marked by mutual trust and respect and a future-ready ‘jugalbandi’ rooted on the synergies of the respective national visions of the two countries.

Under the visionary guidance of our leaders, India-oman relationsh­ip is scaling new heights.

As Oman takes steps towards achieving His Majesty’s ‘Vision 2040’, India is Oman’s natural partner, a reliable source for imports, a top destinatio­n for Oman’s own exports and investment­s, a talent pool for Oman’s economy, and partner in technologi­cal and economic diversific­ation.

As we step into 2024, the future of our relations will tap into the opportunit­ies in areas as diverse as health and wellness, tourism and culture, space and new technologi­es, digital and financial inclusion as well as defence and maritime security.

India-oman relations are futureread­y and the future of our relations is together, collaborat­ive and bright.

As Oman takes steps towards achieving His Majesty’s ‘Vision 2040’, India is Oman’s natural partner, a reliable source for imports, as well as exports

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