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 […]

UAE’s Etihad Airways and India’s Jet Airways sign landmark tourism agreement with Government of Maharashtra

Etihad Airways, the national airline of the United Arab Emirates, and strategic partner Jet Airways, India’s full-service premium international carrier, have signed a ground breaking agreement with the Government of Maharashtra to promote tourism to the western Indian state. The partnership will enable both airlines to capitalise on their strong links with Maharashtra and further […]

Tie-up to promote UAE investments in India

The UAE International Investors Council (UAEIIC) and UAE-India Business Council (UIBC) have signed an agreement for facilitating trade and investments including expansion of joint ventures, technological & industrial collaboration between UAE and India. The Memorandum of Understanding (MoU) was signed by Jamal Saif Al Jarwan, secretary general, UAEIIC and Abdul Salam, director general, UIBC during […]

7 Reasons to Invest in India

India is one of the largest developing economies in the world. The country’s immense population, coupled with its rapidly growing middle class and significant backlog of infrastructure projects, has enabled it to maintain a high GDP growth rate over recent years.Factors such as the availability of skilled manpower, abundant natural resources, strategic location and government […]

India’s Infrastructure Industry: A Promising Investment Opportunity

  As India continues its long and winding journey towards achieving superpower status, the infrastructure sector is playing an increasingly prominent role in its progress. Earlier this year, Commerce and Industry Minister Nirmala Sitharaman stated that export competitiveness cannot be determined by currency alone, and would greatly benefit from improved infrastructure and logistics. The government has initiated a number […]

Railways to allow corporates to run own freight trains, move may pave way for private passenger trains

Indian Railways will soon allow private companies to run freight trains from their own private terminals, a move which could potentially break the monopoly of the national transporter on the country’s rail roads. Companies from sectors such as cement, steel, auto, logistics, grains, chemicals and fertilisers have evinced interest in having their own fleet under […]