Oman ports emerge as India's gateway to West Asia, Africa

India's CEPA agreement with Oman is officially in motion, turning ports such as Sohar, Salalah, and Duqm into strategic hubs for Indian commerce. These locations pave the way for Indian firms to penetrate the dynamic markets of West and East Afric...

Sohar, Salalah and Duqm positioned as logistics and investment hubs for Indian businesses
New Delhi: As the India-Oman CEPA came into force on June 1, the Gulf nation's ports of Sohar, Salalah and Duqm in the Indian Ocean Region are emerging as gateways for Indian exporters and investors to wider markets in West Asia, North Africa and East Africa.

The ports provide logistics support for Indian exporters and investors seeking access to African and broader West Asian markets, a senior Oman government source told ET. Indian businesses can also leverage Oman's FTAs across the region to expand their footprint, the source said.

Also Read: India-Oman trade pact creates strong export push for India's textile MSMEs: Govt


Oman's Sohar Port is among the world's fastest-growing port operations, offering a range of value-added services and hosting the country's first terminal dedicated to handling bulk agricultural products, officials said.

Operational since 2004 and located outside the Strait of Hormuz, Sohar Port is a 21-million sq m deep-sea hub comprising three established clusters - logistics, petrochemicals and metals. More recently, it added a food cluster that includes Oman's first terminal dedicated to handling agricultural products.

The port is within two weeks' sailing time of all major global ports, enabling swift access to the rapidly growing markets of the GCC, India and East Africa.
ADVERTISEMENT

Also Read: Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flows

Oman's Port of Salalah is also being positioned as a hub for exports of agricultural and food products from India to the Gulf. Salalah handles more than 2,500 vessel calls annually and is among the world's fastest-growing port operations, officials said.

An advanced wave-dampening system reduces ship movement in the harbour, enabling high-speed container unloading and access to Oman's new $10-billion road network, which links the port to the expanding GCC market. The port's attractiveness is further enhanced by the adjacent Salalah Free Zone, Al Mazunah Free Zone and Salalah Airport, an Oman government source said.

India also has a strategic presence at Oman's Port of Duqm, which serves as the gateway to the Special Economic Zone at Duqm (SEZD), the largest special economic zone in the Middle East.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Foreign Trade › Oman ports emerge as India's gateway to West Asia, Africa
Text Size:AAA
Success
This article has been saved

*

+