Dubai firms eye more investments in India
Several Dubai-based companies are keen to boost it further in one of the fastest growing economies in the world.
By PTI |
DUBAI: Several Dubai-based companies, who have invested billions of dollars in many real estate and infrastructure projects in India, are keen to boost it further in one of the fastest growing economies in the world.
The Dubai companies - Emaaar, Limitless and DP World have large operations and projects in India, but are keen to enter the infrastructure projects like the airports sector.
The offer of increased investment was made during a presentation by the Dubai-based companies for India's Minister for External Affairs, Pranab Mukherjee, here on Wednesday.
The minister said this after going through a presentation on "Dubai's growth and plans for the future and planned investments by leading Dubai companies in India" organised by the Dubai Executive Council.
DEC is a Dubai government entity that formulates and implements federal regulations and local laws and prepares annual budgets along with development plans.
The presentation was made by Mohammed Bin Gergawi, Minister of Cabinet Affairs, when Mukherjee visited Dubai Executive Council on Tuesday.
The Indian minister is on a three-day visit to the UAE, which began on Monday. Mukherjee said it is welcomed since "they were tailor-made for India's needs".
Indian officials said that Mukherjee reiterated that the Indian government will assist the companies in all ways it can. "The minister also reiterated that the Indian government was investor-friendly and fully supported all private-public partnerships," the official added.
The Dubai companies - Emaaar, Limitless and DP World have large operations and projects in India, but are keen to enter the infrastructure projects like the airports sector.
The offer of increased investment was made during a presentation by the Dubai-based companies for India's Minister for External Affairs, Pranab Mukherjee, here on Wednesday.
The minister said this after going through a presentation on "Dubai's growth and plans for the future and planned investments by leading Dubai companies in India" organised by the Dubai Executive Council.
DEC is a Dubai government entity that formulates and implements federal regulations and local laws and prepares annual budgets along with development plans.
The presentation was made by Mohammed Bin Gergawi, Minister of Cabinet Affairs, when Mukherjee visited Dubai Executive Council on Tuesday.
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The Indian minister is on a three-day visit to the UAE, which began on Monday. Mukherjee said it is welcomed since "they were tailor-made for India's needs".
Indian officials said that Mukherjee reiterated that the Indian government will assist the companies in all ways it can. "The minister also reiterated that the Indian government was investor-friendly and fully supported all private-public partnerships," the official added.
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