Economy
UAE Signals $25 Billion Additional Investment in India
The Hindu44m
THE BRIEF
1
The UAE signaled its intent to invest an additional $25 billion in India as both nations target doubling bilateral trade to $200 billion by 2032.
2
Union Commerce and Industry Minister Piyush Goyal announced the development after co-chairing the 14th India-UAE High-Level Joint Task Force on Investments in Mumbai.
3
The two countries agreed to establish a bilateral working group covering six maritime cooperation areas and expand cooperation in energy, space, and tech.