India-UAE Task Force Boosts Investments in Key Sectors

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The 12th India-UAE High-Level Joint Task Force on Investments, co-chaired by Commerce Minister Piyush Goyal and ADIA’s Sheikh Hamed bin Zayed Al Nahyan, focused on expanding bilateral ties.

Key developments included ADIA establishing a subsidiary in GIFT City, the opening of Invest India’s office in Dubai, and collaboration on food parks.

The meeting also highlighted interlinking India’s UPI with UAE’s AANI for seamless cross-border payments. With over $100 billion in UAE investments across sectors, the task force emphasized strengthening supply chains, infrastructure, and renewable energy to further enhance trade and investment flows.

Source: https://www.livemint.com/news/uaes-investment-in-india-to-reach-100-billion-across-sectors-piyush-goyal-11728309135763.html

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