The Bahrain Economic Development Board (Bahrain EDB) has secured investment commitments valued at $16.65 million from three leading India-based companies across various sectors. The announcements were made during Bahrain EDB’s visit to Mumbai, Bengaluru, and Chennai to attract foreign direct investment and strengthen bilateral economic ties between India and Bahrain. H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, highlighted the long-standing economic and commercial ties between the two countries, dating back to 5,000 years.
Chemco, one of the Indian companies expanding in Bahrain, is gearing up for its third expansion in the country since 2013. The company specializes in packaging solutions and is incorporating fully automated production lines at Bahrain International Investment Park to meet the growing demand in Bahrain’s Fast-Moving Consumer Goods (FMCG) sector. Chemco has expanded beyond traditional packaging into comprehensive secondary and tertiary solutions, focusing on sustainability, traceability, and environmentally responsible packaging solutions.
Chemco Managing Director, Gaurav Saraogi, expressed excitement about expanding operations in Bahrain, citing the business-friendly environment and opportunities for growth. The company’s commitment to sustainability aligns with Bahrain’s efforts towards a carbon-neutral economy, promoting a greener future. Bhageria Industries, another Indian company, is investing in Bahrain to develop an 11.40 MW solar project, marking their first international venture in solar power generation and Engineering Procurement and Construction (EPC) contracts.
The third company from India, an ICT firm, is setting up its regional headquarters in Bahrain, contributing to the Kingdom’s growing capabilities in technology and Artificial Intelligence (AI). This investment will support Bahrain’s goal of building a tech-driven, intelligent economy with a highly skilled talent pool. The strategic partnerships between Bahrain and India further underscore Bahrain’s reputation as a key regional hub for leading manufacturing and niche technology firms seeking international expansion, showcasing the strength and competitiveness of Bahrain’s value proposition.
The investments from Indian companies reflect the trust and confidence in Bahrain’s business environment, streamlined processes, and ease of doing business. The support from Team Bahrain and Bahrain EDB in attracting foreign direct investment demonstrates Bahrain’s commitment to fostering economic growth and diversification. The ongoing efforts to promote sustainability, renewable energy, and advanced technology align with Bahrain’s vision for a sustainable future and position the country as a preferred destination for international investors seeking growth opportunities and strategic partnerships.
