FINANCIAL NEWS

UAE investment in India grows by around USD1bn

15 Aug 2016

(MENAFN) The UAE investments in India jumped to almost USD1bn through last year, as bilateral trade between the two countries strengthen.

In addition, the whole foreign direct investment inflows from the UAE to India reached USD4.03bn at the end of March this year.

The increase in investments is attributed to a good economic climate in India and due to growing relations between the two sides.

Moreover, the two countries launched the UAE-India Infrastructure Investment Fund with a target of USD75bn.

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