Saudi is also among the major FDI investing countries in India, it has invested ₹422 million (US$5.9 million) during August 1991 to December 1999 and ₹691 million (US$9.7 million) during January 2000 to August 2008. Investment is observed in diverse fields such as paper manufacture, chemicals, computer software, granite processing, industrial products and machinery, cement, metallurgical industries, etc. Indian firms also has shown the interest in Saudi market after new Saudi laws and established joint venture projects or wholly owned subsidiaries in the Kingdom.