Modi government mulls allowing 100% FDI in retail, with caveats

To promote its flagship Make In India scheme with job creation at its core, the Narendra Modi government is considering allowing 100% foreign direct investment (FDI) in multi-brand retail—as long as the products are made in India. A government official familiar with the matter, who spoke on condition of anonymity, said the proposal is being […]

UAE, Indian officials explore new potential economic partnerships

UAE Minister of Economy Sultan bin Saeed Al Mansouri and President of the Confederation of Indian Industry, CII, Shobana Kamineni, have discussed prospects for creating new economic and trade partnerships between the two countries. UAE investments in India stand at US$10 billion, making the UAE the biggest Arab source of foreign direct investment, FDI, in […]

Confederation of Indian Industry to open UAE office

The UAE and India are one of each other’s largest trading partners and advancing this relationship to the next level, the Confederation of Indian Industry (CII) is all set to open its office in the country in near future. The CII is the largest industry chamber in India and its director-general Chandrajit Banerjee confirmed an […]

6 Major UAE Investments in India

UAE-based companies have invested a total of US$ 8 billion in Indian projects, with around US$ 3.01 billion in the form of Foreign Direct Investment (FDI). UAE is the tenth largest investor in India in terms of FDI. Key UAE-based companies that are actively pursuing projects in India include Emaar, DP World, Abu Dhabi’s National […]

DP World to invest $1 bn in Indian logistics sector

The UAE-based DP World has committed $1 billion investment in Indian infrastructure, including logistics and container terminals. “We have already invested $1 billion and will soon invest another $1 billion,” said Sultan Ahmed bin Sulayem, chief executive officer, DP World. DP World runs marine and inland terminals and offers maritime, logistics, ancillary and technology-driven trade […]