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FINANCIAL NEWS
UAE to invest more in India’s food sector
23 Feb 2016
(MENAFN) The UAE is the second main export destination for India and third largest trading partner with recent mutual trade at a level of USD 60bn.
Furthermore, India’s fast growing food industry will attract investments from the UAE if New Delhi takes measures to increase the “ease of doing business”.
In addition, India’s President of IBPC visited the UAE to support stronger trade relations between the two sides with figures expected to reach USD 100bn.
The UAE will make India a global manufacturing hub, and to get rid of obsolete laws, giving less significance to government and more to governance.
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