UAE Firms Keen to Invest in Indian Infra, Banking, Startups, Logistics Sectors

The UAE companies are looking at multiple sectors, such as infrastructure, data centres, banking, startups and logistics, in India to increase their investments, Commerce and Industry Minister, Mr Piyush Goyal said on Friday. He said that the two countries have reset their targets and are actively working to increase investments rapidly in different sectors and enhancing collaborations in areas such as renewable energy, shipbuilding, retail and pharmaceuticals. "Infrastructure is one of the major sectors where they (UAE) can see huge potential. There was a lot of interest in the banking sector and startups too. The Interests of potential investors are there in the logistics ecosystem in India, green energy. The UAE is keen to look at investments," Mr Goyal told reporters.

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