Qatar is a rich Islamic country of Middle East. This country is famous for the wealth of oil and gas. The currency here is QARRAL (QAR). The Indian migrant community is very large and active in Qatar. According to the Indian Ministry of External Affairs, there were about 8 lakh Indians in Qatar in 2022. These people work in industries like construction, healthcare, technology, education and service sector. The Indian community not only makes economic contribution, but also connects both countries like a cultural bridge.
India and Qatar relations
Diplomatic relations between India and Qatar began in the 1970s. Over time, this relationship became deeper. Both countries cooperate in international forums. The presence of a large number of Indians in Qatar makes relationships stronger.
Economic cooperation of India
The economic relationship between India and Qatar is based on the energy sector. Qatar is a major supplier of natural gas to India. At the same time, India provides clothes, food products and manpower to Qatar. With this cooperation, the economies of both countries benefit.
How many earning will be made millionaires?
According to WISE reports, 1 Katri Rial is equal to about 24.18 Indian rupees. If an Indian Qatar earns 1 lakh katri riyal, then its price in India is about 24 lakh 23 thousand rupees. If you earn two lakh riyals, then it will be around 48 lakh 46 thousand Indian rupees. In 4 lakh Katri Real, this amount will be close to 96 lakh 93 thousand Indian rupees. At the same time, to earn 1 crore rupees, any Indian will have to earn 4 lakh 25 thousand katri riyal, which will cost 1 crore 2 lakh 98 thousand 851 Indian rupees.
Why is Qatar attractive for Indians
Katri Rial’s higher price than Indian rupee is a big reason for workers. Qatar provides better salary and employment opportunities. The country’s economy is considered safe and stable. The already existing Indian community creates an easy atmosphere for new migrants.
Contribution of Indian migrants
Indian migrants have been contributing significantly to their country’s economy for a long time. According to the latest RBI data, Indians living abroad in FY 2024-25 sent $ 135.46 billion (about Rs 11.60 lakh crore) to India. This is not only a record figure, but is 14% higher than last year.