Upvote:3
I strongly recommend against trying this. In almost all cases the first airline (Saudia) will need to verify that you can legally enter Saudia Arabia or they can't let you board. The fact that you have a second ticket to India is immaterial to them.
In very rare cases, you may be able talk the check-in agent into letting you board with an onward ticket that departs from the same transit area where you arrive, but in 95%+ of all cases you will simply be denied boarding.
Two hours is also extremely tight. Personally I don't do self transfer under 4 hours (even with full visa, etc.) simply because the consequences of missing the connection are dire: typically you end up having to buy a new same-day ticket out of pocket which tends to be VERY expensive. Two hours with checked bags seems extremely risky.
Please read carefully what KIWI has to say on the topic: https://www.kiwi.com/en/help/kiwi-com-travel-hacks-258/article/self-transfer-travel-hack-131/