Talking about the potential areas for these projects, he said, "We need to set up new benchmarks in the field of Green Hydrogen, Green Ammonia, Solar Parks, Energy Storage, and Smart Grids."
The OIA established the first Omani-Indian Joint Investment Fund in 2011, with a value of USD 100 million, in partnership with the State Bank of India. In 2017, the OIA established its second portfolio with a USD 230 million fund that focused on medium-sized companies in the Indian market.
In a significant development in the India-Oman economic partnership, the third tranche of the Oman-India Joint Investment Fund has been announced, marking a major milestone in trade and capital cooperation between the two nations.
Bengaluru (Karnataka) [India], September 9 (ANI/BusinessWire India): HomeLane, India's choice for on-time home interiors, has announced a USD 50 M (INR 371 crores) Series E funding round today, led by IIFL AMC's Late-Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund), and Stride Ve