Moneycontrol
HomeWorldThe new Saudi Arabia PM Modi is visiting: What has changed under MBS and why it matters
Trending Topics

The new Saudi Arabia PM Modi is visiting: What has changed under MBS and why it matters

PM Modi in Saudi Arabia: Under MBS's dynamic leadership, the Kingdom is experiencing a period of unprecedented change, marked by ambitious economic and social reforms collectively known as "Vision 2030."

April 22, 2025 / 18:02 IST
Story continues below Advertisement

File photo of Prime Minister Narendra Modi and Crown Prince Mohammed bin Salman exchanging the Strategic Partnership Council Agreement in Riyadh in 2019.

Prime Minister Narendra Modi’s two-day visit to Saudi Arabia – his third to the country, the most by any Indian PM – underscores the deepening relationship between the two nations. The trip is also a testament to the personal rapport and strategic convergence between PM Modi and Crown Prince Mohammed bin Salman (MBS).

This strengthened relationship has provided a fertile ground for exploring mutual interests and witnessing firsthand the profound transformation underway in Saudi Arabia. Under MBS's dynamic leadership, the Kingdom is experiencing a period of unprecedented change, marked by ambitious economic and social reforms collectively known as "Vision 2030."

Story continues below Advertisement

Vision 2030: The Blueprint for Saudi’s Transformation

Launched in 2016, ‘Vision 2030’ is Saudi Arabia's ambitious plan to reduce its reliance on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism. The initiative aims to transform the kingdom into a global investment powerhouse and a hub connecting three continents: Asia, Europe, and Africa.