Dubai – Mubasher: The UAE’s investments in India reached AED 9 billion in October 2017 after the country announced investing another AED 3.67 billion on Tuesday during the Indian-UAE Partnership Summit (IUPS).
The UAE’s investments in India included AED 3.67 billion investments by the Abu Dhabi Investment Authority (ADIA), in addition to another AED 1.7 billion by LuLu Group in Uttar Pradesh state, according to a statement by the UAE’s Ministry of Economy.
IUPS was launched on Monday in Dubai with over 800 participants.
Source:
Mubasher