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FINANCIAL NEWS
UAE to boost investments in India
25 Jan 2017
(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.
M
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