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FinancialNews


  • 25-01-17

    UAE to boost investments in India

    (MENAFN) The UAE investments in many sectors in India will increase, particularly in infrastructure and energy sectors.

    Moreover, the UAE is a major investor in India with total investment amounting to USD8bn focused on 5 sectors; construction, power, metallurgical industries, services sector and computer.

    Additionally, both countries have also launched the UAE- India Infrastructure Investment Fund with a target of USD75bn.

    Accordingly, India has been focusing on developing its manufacturing sector amid Make in India initiative and the UAE will participate in the sector to enhance co-op between them.

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