India Strengthens Economic Ties with Oman, Boosts Telecom Exports Amidst Robust Growth

December 19, 2025

India has signed a landmark Comprehensive Economic Partnership Agreement (CEPA) with Oman, marking a significant step in enhancing its economic engagement in the Gulf region. This comes as Prime Minister Narendra Modi highlighted India's continued status as the fastest-growing major economy globally, with growth exceeding 8%. Additionally, India's telecom exports have shown remarkable growth, increasing by 72%. These developments are set against a backdrop of ongoing efforts to mitigate the impact of US tariffs and strengthen India's position in global trade.