INDO-SAUDI JOINT VENTURES IN SAUDI ARABIA
|
List
of foreign direct investment/collaboration proposals between India and
Saudi Arabia approved by the Government
|
S. No.
|
Name and address of the Indian Party
|
Name of the Foreign party
|
Product description
|
Equity Rs.
Million
|
Equity percentage
|
Approval year/ month
|
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
|
01
|
Albaraka Finance House Ltd. India House No.2,
Kemps Corner,
Mumbai
|
Al Baraka Group,
Jeddah
|
Financial Service
|
n.a
|
0.00
|
91/06
|
|
02
|
Hindustan Dorr Oliver Ltd.
Mumbai
|
Al- Kawther Industries Ltd.
|
Design, Engg.& consultancy field of Seawater
|
--
|
0.00
|
91/09
|
|
03
|
Walid Mohd. A. Albin Hassan (Pro),
Mumbai
|
Walid Mohammed A. Albin Hassan Saudi Arabia
|
Trading Co.
|
0.06
|
50.000
|
92/08
|
|
04
|
Shalimar Crafts & Tissues Pvt. Ltd. 713, Shalimar House , Roorki
Road, Muzaffarnagar
|
Al- Yamin Est. New Street, Abdulhail Bldg. Gold Market, CR
650003555 PO Box: 19011,
Jeddah
|
Kraft Paper
|
3.00
|
25.00
|
92/09
|
|
05
|
Al Barak Finance House Ltd. India House no.2, Kemps Corner,
Mumbai-36
|
Albaraka Investment & Development Co.
|
Financial Services in India
|
5.50
|
51.00
|
93/01
|
|
06
|
Otoklin Plants & Equipments Ltd. 310, Prasad Chambers Charni
Road, Mumbai
|
Al Qahtani
|
Pipe coating
|
4.50
|
8.93
|
93/02
|
|
07
|
Indo- Arab Granites Ltd. 5-3-4, 4/13, Brodopet, Guntur
|
Al- Subha Modern Technologies
|
Granite Slabs & Granite Tiles
|
34.50
|
21.56
|
93/02
|
|
08
|
|
Tradewell Co. P.B.No. 521 T,
Dammam
|
Trading Co.
|
2.47
|
51.00
|
93/04
|
|
09
|
Samaha India Trade Co. Pvt. Ltd.
India House No.2, Kemp’s Corner,
Mumbia- 36
|
Samaha Holding, Dallah Dallah Tower Bldg. Palestine str. PO Box:
430, Jeddah
|
Export of Indian merchandise and goods
|
28.50
|
95.00
|
93/06
|
|
10
|
Lak Minerals Ltd.
17.1.388/9
Sri Lakshmi Nagar,
Saidabad,
Hyderabad
|
Mohd. Darwish Ghabban Est.
|
Granite Glabs
|
24.00
|
20.00
|
93/06
|
|
11
|
Gulftech (India) Pvt. Ltd.
No.2000, 100 feet Road,
Hal II Stage Indiranagar,
Bangalore
|
Arabia Computer Systems Ltd. Saudi Arabia
|
Computer Software
|
6.70
|
99.99
|
93/08
|
|
12
|
Deccan Castings Pvt. Ltd.
22, Kammanahalli St. Thomas Town, Bangalore- 94
|
Mr. Abdul Aziz A. Alomair
|
Aluminium Pressure die castings
|
2.50
|
50.00
|
93/10
|
|
13
|
Olionix Systems Pvt. Ltd.
34/1220,
Balakrishna Menon Road, Edapally,
Kochi
|
Mr. Rusi Bi Naggar Intl. Airport Projects, PB 3626, Jeddah 21441
|
Electrical Equipment
|
1.20
|
48.00
|
95/04
|
|
14
|
A.W. Chemical Pvt. Ltd.
IV –A-A, Satharia Bhanpur
|
Al- Olaya Gmbh Saudi Arabia
|
Industrial Machinery
|
--
|
0.00
|
96/03
|
|
15
|
Hindustan Petroleum Corp. Ltd.
Petroleum House, 17, Jamshedji Tata Road, Mumabai 20
|
Saudi Arabian Oil Co. (Saudi Aramco), Dhahran
|
To establish a 6MTPA Grass Root Refinery
|
6070.00
|
26.00
|
96/04
|
|
16
|
Miracle Overseas Enterprises Pvt. Ltd. A-201, 2nd
Floor, Green Mansion, Humayun Nagar, Hyderabad
|
The National Tannery & Leather Pvt. Ltd.
|
Manufacture of leather garments
|
24.00
|
80.00
|
96/12
|
|
17
|
Clips Quality Office Supplies Pvt. Ltd. PO Box: 4159,
New Delhi- 110 017
|
Mr. Sheikh Waleed Y. Zahid Saudi Arabia
|
Standard Printing & Stationery products and stationery
management services to its customers by developing word class
standards for its products range introducing state of the art
distribution and guaranteeing cost effective
|
16.00
|
40.00
|
97/07
|
|
18
|
Zaff Jay Medical Services (I) Pvt. Ltd.
15/63, Ashray Society, KC Marg Bandhra (W),
Mumbai-
|
Zaff International Ltd. PO Box: 8444,
Riyadh 1142
|
Health and Medical Services
|
2.25
|
51.00
|
97/07
|
|
19
|
Kohinoor Cements Ltd.
11-5-44/B/108,
Amin Tower, Red
Hills,
Hyderabad
|
Sheriff Osman Muhammed Al Madani
|
Ordinary Protland
Cement
|
2.00
|
9.41
|
97/09
|
|
20
|
Deccan Fibre Industries Ltd. 5, Rashtrapathi Road, Secunderabad
–3
|
Saudi Arabian Amiantit Co. Ltd.
|
Manufacture Asbestos Cement sheets and accessories
|
25.20
|
24.00
|
97/09
|
|
21
|
Hydor Fix Engineering Pvt. Ltd.
Anthony Machad Est. C.S.T. Road, Vidyanari,
Santacruz, Mumbai
|
Mansore Ali Omar Al Zughabi Ali Talib Street,
|
Metallurgical industries
|
2.04
|
51.00
|
97/10
|
|
22
|
Deccan Fibre Industries Ltd. 5 Rashtrapati Raod, Secunderabad
|
Saudi Arabia Amiatit Co. Ltd.
|
manufacture of Asbestos Cement Sheets and accessories
|
14.30
|
68.48
|
97/11
|
|
23
|
Ballarpur Industries Ltd.
Thapar House, 124, Janpath,
New Delhi
|
Al Murjan Trading and Indl. Co. Jeddah
|
For manufacture of paper and specialty chemicals
|
2.00
|
37.47
|
98/02
|
|
24
|
T & B International Pvt. Ltd.
145, St. Marys Road, SBI Officers Colony, Alwarpet, Chennai 18
|
Thabot Mal Rafae
|
Towable trolleys and baggage carts and weighing scales
|
2.00
|
100.00
|
98/06
|
|
25
|
Thaqdees Hospitals Ltd.
NH 47, Chamanyapadi JN,
Thaikkattukara
-683106
|
Hasan Ali Ahmed, Riyadh
|
To Establish a multi super specialty hospital and nursing
college, institutions for rehabilitation of dumb and deaf and
blind home for old and destitute, public library and common
prayer hall
|
5.00
|
0.00
|
98/07
|
|
26
|
|
Bakri International Energy Co. Ltd. PO Box: 3757,
Jeddah 21481
|
To develop and construct infrastructure, storrage and terminal
facilities and own and operate such facilities with products
such as chemical / lube and base oil / fuel oil for bunker
operations aircraft refueling and LPG in the state of West
Bengal
|
127.68
|
70.00
|
98/09
|
|
27
|
Ballarpur Industries Ltd.
Thaper House, 124, Janpath, New Delhi-
|
Almurjan Trading & Industrial
|
Paper pulp/ paper Newsprint
|
900.00
|
22.55
|
99/01
|
|
28
|
|
Bakri International Energy Co. Ltd. PO Box: 3757,
Jeddah 21481
And / or its Associates/ nominees/ subsidiary
|
To develop and construct infrastructure storage and terminal
facilities for bunkering and own and operate such facilities
with products such as chemicals / lube and bas oil/ gas oil
(diesel) fuel oil for vessels calling at or passing by the port
|
83.30
|
69.00
|
99/05
|
|
29
|
|
Bakri International Energy Co. Ltd. PO Box: 3757,
Jeddah 21481
And / or its Associates/ nominees/ subsidiary
|
To develop and construct infrastructure storage land own and
operate such facilities with products such as chemicals /
lube and bas oil/ gas oil,
fuel oil and liquefied petroleum gas at Haldia in the State of
West Bengal
|
178.50
|
70.00
|
99/05
|
|
30
|
|
Bakri International Energy Co. Ltd. PO Box: 3757,
Jeddah 21481
And / or its Associates/ nominees/ subsidiary
|
To develop and construct infrastructure storage and terminal
facilities for bunkering and own and operate such facilities
with products such as chemicals / lube and bas oil/ gas oil
(diesel) fuel oil for vessels calling at or passing by the port
|
89.50
|
70.00
|
99/05
|
|
31
|
|
Global Suhani Co.
|
To establish a wholly owned subsidiary to undertake specialised
contracting services for the maintenance and protection of the
indl. and
residential structure from degradation, corrosion and fire
along with their technical expertise on the same
|
10.50
|
100.00
|
99/06
|
|
32
|
|
Bakri International Energy Co. Ltd. PO Box: 3757,
Jeddah 21481
and / or its Associates/ nominees/ subsidiary
|
To develop and construct infrastructure, storage and terminal
facilities for bunkering and own and operate such facilities
with products such as chemical / lube and bas oil/ gas oil
(diesel) fuel oil for bunker operations for vessels calling
or pass
|
n.a
|
0.00
|
99/06
|
|
33
|
|
Global Suhani Co.
|
To establish a wholly owned subsidiary to undertake specialised
contracting services for the maintenance and protection of the
indl. and
residential structure from degradation, corrosion and fire
along with their technical expertise
|
n.a
|
0.00
|
99/11
|
|
34
|
Clips Quality Office Supplies Pvt. Ltd. PO Box: 4159,
New Delhi- 110 017
|
Mr. Sheikh Waleed Y. Zahid Saudi Arabia
|
Standard Printing & Stationery products and stationery
management services to its customers by developing word class
standards for its products range introducing state of the art
distribution and guaranteeing cost effective
|
0.00
|
0.00
|
00/02
|
|
35
|
Bee – Hive Impex Pvt. Ltd.
4 Lands End, 54 By Ralee Jeejibhoy Road, Band Stand Badra(W),
Muumbai – 400 050
|
Laila Mousa,
Saudi Arabia
|
To carry on the export business of embroidery fabrics, laces and
upholstery in all types of fabrics with value addition on the
local or imported fabrics for export to the overseas suppliers
or their clients
|
2.00
|
50.00
|
00/03
|
|
36
|
Clips Quality Office Supplies Pvt. Ltd. PO Box: 4159,
New Delhi- 110 017
|
Mr. Sheikh Waleed Y. Zahid Saudi Arabia
|
Standard Printing & Stationery products and stationery
management services to its customers by developing word class
standards for its products range introducing state of the art
distribution and guaranteeing cost effective
|
0.00
|
0.00
|
00/08
|
|
37
|
Thaqdees Hospitals Ltd. NH 47, Company Padion,
Thaikkattukara- 680 106, Kerala
|
Hassan Ali Ahmed,
Riyadh
|
To establish a multi super specialty hospital, nursing college
institutions for rehabilitation of dumb and deaf and blind, home
for old and destitute, public library and common prayer hall
|
0.32
|
2.02
|
00/08
|
|
38
|
T&B Systems Pvt. Ltd., 145 St. Marys Road, SBI Officers Colony,
Alwarpet, Chennai – 600013
Tamil Nadu
|
Mr. Thabit N.A.L..
Rafae
|
To set up wholly owned subsidiary for manufacture of automatic
spares and development of computer software – Financial
|
3.5
|
100
|
|
|
39
|
Deccan Enterprises Pvt. Ltd., 5-2-175/1, Rashtrapathi
Road, Secunderabad, AP
|
Saudi Arabian Rubber Industries Ltd., PO Box 589, Dammam –
31421, KSA
|
Rubber Rings and Rubber products
|
20
|
-
|
|
|
40
|
Oberoi Hotels (India) Pvt. Ltd,
4 Mangoe Lane,
Calcutta, WB
|
Saudi Oberoi Co. Ltd., Shere-el-Kazam
PO Box 3304,
Riyadh, KSA
|
Management company for managing hotels etc.
|
25
|
-
|
|
|
41
|
KMA International Ltd., 300 Regent Chambers, Ceremonial
Boulevard, Nariman Point, Mumbai, Maharashtra
|
Binladin KMA Industrial Co. Ltd., PO Box 17296,
Jeddah
KSA
|
Galvanising of steel structural
|
25
|
-
|
|
|
42
|
National Engineering Industries Ltd., 9/1 RN Mukherjee Road,
Calcutta, West Bengal
|
Zamil Birla Technical Services Corporation Ltd., PB No. 9,
Al-Khobar, KSA
|
Operation and maintenance service
|
40
|
-
|
|
|
43
|
Best & Crompton Engineering Ltd.,
(Secretariat Department), 312, Anna Salai, PB No. 6911, Chennai,
TN
|
National Contracting Company Ltd., Al-Khobar, KSA
|
Contracting Business in Electrical and Mechanical
|
49
|
-
|
|
|
44
|
T&B Systems Pvt. Ltd., 98, Tass Industrial Estate, SIDCO,
Ambattur, Chennai-600 098, Tamil Nadu
|
Mr. Thabit Mal Rajack & Mr. B.A. Arabia, KSA
|
To set up a wholly owned subsidiary for manufacture of automatic
teller machine and spares for the same and development of
computer software – financial
|
NA
|
-
|
|
|
45
|
T&B International Pvt. Ltd., 98, Tass Industrial Estate, SIDCO,
Ambattur, Chennai-600 098, Tamil Nadu
|
Mr. Thabit Mal Rajack, KSA
|
Miscellaneous – financial
|
0.50
|
-
|
|
|
46
|
Chemfilt and Equipments, Ahmedabad, Gujrat
|
Saudi-Designers Engineering Consultants, KSA
|
Promoting detailed engines – technical
|
-
|
-
|
|
|
47
|
Asphali Constructions India Pvt. Ltd., Mumbai, Maharashtra
|
Saudi Road Marketing Co. Ltd., KSA
|
Thermoplastic Paint in powder form – technical
|
-
|
-
|
|
|
48
|
Rolta India Ltd.
|
--
|
--
|
75.02
|
-
|
|
|
49
|
Rashtriya Chemicals & Fertilizers Ltd.
|
--
|
--
|
49.48
|
-
|
|
|
50
|
Tocad Steel Technology Pvt. Ltd., Panampilly Nagar,
Kochi,
Kerala
|
Mufid Salim Sahata Battab,
KSA
|
Information Technology – Financial
|
0.92
|
-
|
|
|
51
|
Telecommunications Consultants India Ltd.
|
NFS (Telecommun
icationms)
|
Telecommunications
|
40
|
-
|
|
|
52
|
Anupam Insulating Industries Pvt. Ltd., 31A9 MIDC Industries
Area, Nagpur – 440 028, Maharashtra
|
Jubail Organisation for Industrial Maintenance & Construction,
PB 10005, Madinat Al Sayah, KSA
|
Electrical Motors
|
159.30
|
-
|
|
|
53
|
Larson & Toubro Ltd., Cad, Gr. V Metropolitan, Bandrakula
Complex,
Mumbai-400
001
|
Engg. Khalid Hizam,
Al-Nabet,
PO Box No. 20499,
Riyadh, KSA
|
Other Heavy Engineering goods
|
653.20
|
-
|
|
|
54
|
Tech Steel Products Ltd., 671 Nagavara Main Road, Arabic College
Post, Bangalore-45, Karnataka
|
Abdulkarim Owid Al Hamd, Yanbu Al bahar, PO Box No. 165,
Yanbu, KSA
|
Metallurgical industries
|
120.00
|
-
|
|
|
55
|
Holool E Business Pvt. Ltd.
Plot No. 60, Nagarjuna Hill,
Hyderabad
|
Khalid Salesh Al Rajhi,
Saudi Arabia
|
Data Processing, Software & Consultancy
|
90.75
|
|
|
|