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VOL. 11, ISSUE 1 (2026)
Impact on development of Indian economic growth due to Saudi Arabia’s vision 2030
Authors
Sanjay Khan Noorkhani
Abstract
In the framework of Vision 2030's economic
reforms, this study looks at the relationship between Saudi Arabia and India in
terms of CO2 emissions, labour force participation, FDI, and trade openness on
the Consumer Price Index (CPI) in Saudi Arabia. Understanding the variables
affecting inflation and economic stability is essential since Vision 2030 seeks
to diversify the economy, lessen reliance on oil, and encourage sustainable
growth. Both positive and negative trade openness lower consumer prices,
but over time, negative trade openness lowers prices and positive trade
openness raises inflation. This illustrates how trade openness has varied
inflationary effects over time. By providing policymakers with strategic
insights in line with Saudi Arabia's Vision 2030 and Indian companies' economic
growth, these findings add to the policy discourse on striking a balance
between economic growth, environmental sustainability, and inflation
management.
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Pages:15-19
How to cite this article:
Sanjay Khan Noorkhani "Impact on development of Indian economic growth due to Saudi Arabia’s vision 2030". International Journal of Advanced Research and Development, Vol 11, Issue 1, 2026, Pages 15-19
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