DelhiDesk India’s Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh is seeking investments in various sectors such as renewable energy and digital space from Abu Dhabi Investment Authority and sovereign investor Mubadala, according to an official statement. The UAE is currently the seventh-largest investor in India, with an estimated investment of $18bn. Bilateral trade has increased by 20% since the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE came into effect, and India’s exports to the UAE have risen by 12% to reach $31.3bn in 2022-2023.

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Here is the news bullets sorted by team.

– India seeks investments from Abu Dhabi Investment Authority and sovereign investor Mubadala
– DPIIT Secretary Rajesh Kumar Singh holds meetings with senior leadership
– Investments sought in renewable energy and digital space
– Commerce and industry ministry welcomes surge in investments from UAE
– Joint inauguration events with UAE Minister of State for Foreign Trade
– UAE currently seventh-largest investor in India
– Bilateral trade increased by 20% since free trade agreement
– India’s exports to UAE increased by 12%, reaching $31.3 billion
– Inauguration of Kerala Pavilion and International Jewelry Exposition Center
– Gems and Jewelery Export Promotion Council function to be attended by companies from India and UAE
– PTI inputs
– Disclaimer about Live Mint business news, market news, breaking news, events, and latest news updates
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