Engineers India flags Gulf opportunities as Saudi, UAE expand infrastructure
Engineers India Ltd chairman Atul Gupta said Saudi Arabia and the UAE plan to expand pipeline and storage infrastructure to reduce dependence on the Strait of Hormuz, creating more business opportunities for EIL in the Gulf.
Engineers India Ltd (EIL) said it is seeing more business opportunities in the Gulf as Saudi Arabia and the UAE plan to expand pipeline and storage infrastructure to reduce their dependence on the Strait of Hormuz, chairman Atul Gupta said on Friday. Gupta said the near-closure of the Strait due to the Iran war has highlighted the need for such infrastructure.