Saudi Prince MBS, in his press conference on the Indian soil asserted that "terrorism" and "extremism" are the common concern that both countries share. The visit comes five days after a suicide bomber belonging to the Pakistan-based Jaish-e-Mohammed (JeM) group killed 40 CRPF personnel in Pulwama district of Jammu and Kashmir.
Ties between India and Saudi Arabia, where millions of Indians are employed as migrant workers, have strengthened since Modi visited Riyadh in 2016 for the signing of a memorandum of understanding on cooperation with intelligence-gathering on money laundering and terrorism financing. When asked by when investments would be made, the secretary said there was no timeline.
"Saudi Arabia and India should work together in Afghanistan, there is a golden opportunity here". Prince Mohammed, Saudi Arabia's de facto ruler, paid a visit to India's arch regional rival earlier this week, before heading home and then flying to New Delhi.
"We want Indian companies to become strategic partners in Saudi Arabia's march to realize (the) 2030 Vision".
On Monday, Saudi Arabia ordered the release of about 2,100 Pakistani prisoners from its jails, according to Pakistan's information minister. "India has played a positive role", he said.
Iran at one stage past year overtook Saudi Arabia among India's suppliers but United States sanctions since have severely hit the Islamic Republic's oil business.
The ever-expanding scope of India-Saudi Arabia bilateral relations demands sustained strategic engagement and frequent interactions between the two sides at all levels, a statement from the Rashtrapati Bhavan said quoting President Kovind. "Saudi is not just a country that sells oil but is a state of investment".
After the ceremonial welcome where Prime Minister Narendra Modi was also present, the Saudi royal told the media: "Today we want to be sure that this relation is maintained and improved for the sake of both countries".
"Saudi's relationship with India goes back thousands of years".
Saudi Arabia is one of India's key crude suppliers, along with Iran and Iraq. Nasser, a member of the crown prince's delegation, said his firm was in talks with other Indian firms as well.
"Prince Salman knows that Saudi Arabia's reputation has taken a major hit, and he's keen to demonstrate to the world that his country continues to have friends and do business".