Indian trade increased from $1.2 billion in 2005 to $14 billion in 2012. While Indian exports to Qatar posted a very little increase during this period, there was a massive jump in exports from Qatar to India.
However, a senior official of Indian Embassy in Qatar said there is immense scope for Indian traders in the Qatari market to reduce this imbalance.
Sasi Kumar, deputy chief of mission at the Indian Embassy in Qatar, was addressing a meeting between members of an Indian trade delegation and their Qatari counterparts at the Qatar Chamber, in Doha, on Wednesday.
Qatar Chamber Director- General Remy Rowhani also urged the Indian delegates to have a look at various opportunities that Qatar can offer.
The 12-member Indian delegation, under the banner of Capexil, is in Doha to explore business opportunities by having face-to-face talks with their Qatari counterparts.