We are Manufacturer, Exporter, Supplier of our product range including Powder Coating Plants and Liquid Painting Plants and our setup is situated at Shirur, Pune ( Maharashtra, India ). Oman is one of the major location for our export range.
The United States and the Sultanate of Oman share a strong bilateral relationship based on a joint commitment to the security, stability, and prosperity of the region. Oman is a member of the Gulf Cooperation Council (GCC), which includes Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, and Bahrain. The government of Oman is a monarchy with a population of approximately 4.6 million (including about 2.0 million expatriates), ruled by Sultan Qaboos bin Said Al-Said since 1970. Sultan Qaboos has transformed Oman from a feudal-like state of subsistence farmers and fishermen with a total of six kilometers of paved road into a nation with modern infrastructure and continuing economic and social investments.
Oman is a middle-income country with an economy based primarily on hydrocarbon resources. Crude oil and natural gas accounted for about 73 percent of the government's revenue in 2017. Oman witnessed an increase in nominal GDP by an estimated 8.7 percent in 2017, but the IMF estimates that real GDP contracted by 0.3 percent. The financial system remains stable and has a low non-performing loan ratio. Liquidity conditions tightened in 2016, but eased up in 2017. The banking sector is top heavy, with the leading bank by assets much bigger than its nearest competitors, which has given rise to talk of consolidation.
Oman acceded to the World Trade Organization in 2000, is a member of the Agreement on Trade-Related Aspects of Intellectual Property (TRIPS), and a Free Trade Agreement (FTA) with the United States went into force in 2009. The lack of market competition due to the prevalence of family-owned and parastatal oligarchies has resulted in inflated price levels for its mainly imported food and consumer products.
