UAE Plans USD 25 Billion More Investment in India, Trade Target at USD 200 Billion
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6 Articles
UAE plans USD 25 billion more investment in India, sets trade target at USD 200 billion: Goyal - The Tribune
Piyush Goyal highlights that the UAE has invested USD 25 billion in India and ranks as the seventh-largest source of foreign direct investment in the country
<p style="text-align: justify;">UAE is planning a new investment of 25 billion dollars in India soon. At the same time, the two countries have set a target of bringing their mutual trade to 200 billion dollars by the year 2032, which will be double the current time. Union Minister Piyush Goyal gave this information during a press conference. He said this will further strengthen the economic ties of India and UAE.</p> <p style="text-align: justif…
UAE Signals Additional USD 25 Bn Investment in India; Bilateral Trade Target Set at USD 200 Bn by 2032: Piyush Goyal
Get latest articles and stories on Business at LatestLY. The UAE is set to step up investments in India, with another USD 25 billion in investment intent in the near future, while both countries are targeting to double bilateral trade to USD 200 billion by 2032, Union Commerce and Industry Minister Piyush Goyal said. Business News | UAE Signals Additional USD 25 Bn Investment in India; Bilateral Trade Target Set at USD 200 Bn by 2032: Piyush Goy…
UAE to invest another $25 billion in India, eyes energy bets
The UAE is set to invest an additional $25 billion in India, strengthening energy cooperation between the nations. India and the UAE are exploring strategic petroleum reserves and subsea pipelines for gas transportation and storage. Bilateral trade between the countries has doubled to $100 billion, with a target of $200 billion by 2032. Local currency settlement in trade is on the rise, currently in double digits.
The UAE has further increased its interest in investing in India. Economic ties between the two countries are poised to reach new heights. The UAE intends to invest an additional $25 billion in India soon.
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