UAE firms keen to invest in Indian infra, banking, startups, logistics sectors: Piyush Goyal
DUBAI, September 19 (PTI) UAE companies, investments, trade and industry Minister Piyush Goyal on Friday, India, infrastructure, data centers, banking, initiative and logistics are looking at more than one sectors.
He said that the two countries have reset the goals and that they work actively to rapidly increase investments in different sectors and improve their collaborations in areas such as renewable energy, shipbuilding, retail and medicine.
Infrastructure, (UAE) is one of the major sectors in which they can see a great potential. There was much interest in the banking sector and initiatives. The interest of potential investors is in the logistics ecosystem in India and in green energy. Goyal told journalists that the UAE was willing to look at investments.
The Minister was here for the 13th India-UAE high-level joint duty force on investments. The two -day visit ended on September 19. He was leading a 75 -member business committee.
He added that the UAE’s power in investments is unique, and that India has many ways to increase cooperation with companies in the UAE.
Now, the UAE said in depth investment in high -tech fields, so we may even be looking at serious collaborations in technology sectors.
The authority added that the expansion of bankers in India is increasingly attractive.
A banker who meets me is very enthusiastic to establish a new operation in the Gift City, he said, while the UAE is already among the top 5-6 investors in India, while my opinion is that we can look at a much larger investment flow when the studies in India are taken into consideration.
The Minister said that the UAE knew India as a key investment point.
“I think we’ll look at the much larger capital pools that come to India, both DYY and FII.” He said.
Bharat said that in March, the UAE allocated land and that the construction would begin soon and could be ready in 2027.
Approximately 9,000 companies showed interest.
In April 2000 and June 2025, India received US $ 24 billion in the UAE in DYY.
Goyal, UAE, Foreign Trade Minister Thani bin Ahmed Al Zeyoudi with the chairman of the UAE-India Business Council (UIBC) during the round table of the leading Indian and UAE companies were engaged with the CEOs of the CEOs.
During the meetings, progress in key corner projects such as Bharat Mart and India UAE Friendship Hospital was discussed.
Both leaders invited businesses to explore opportunities in India and the UAE, and at the same time expanded their scope and ambition to other regions such as Africa, Europe and Central Asia.
During these participation, an official statement said that UAE investors shared constructive perspectives on improving the investment environment, including market access, regulatory processes and issues related to dispute resolution.
The issues such as arbitration frames and predictability of implementation have also been discussed in a future.
Goyal, First Abu Dhabi Bank, Irfan Allana, Iffco Group and Sharafuddin Sharaf, Sharaf Group CEO Hana Al Rostamani met with.
When asked about virtual document transfer systems to facilitate trade, countries should adopt technologies.
India has already implemented this system with countries like Singapore and UAE.
“We accepted this with England,” he said under the Free Trade Agreement.
“I could see that most of the investments in the UAE hold IMEC behind the planning process,” India-Mrta East-Europe economic corridor (IMEC).
He said that every country in the IMEC chain began to re -guide infrastructure investments in a way that can integrate into IMEC.
