Pacts With UAE To Unlock $100 Billion In Investments: Union Minister Piyush Goyal

India is set to attract $100 billion in investments from the United Arab Emirates in the coming years, as announced by Commerce and Industry Minister Piyush Goyal. Following the 12th India-UAE High-Level Task Force meeting on Investment in Mumbai, Goyal emphasized that sectors like data centers, artificial intelligence, renewable energy, and transmission infrastructure are expected to receive significant investments from the UAE. He stated, “These initiatives will lead to $100 billion in manufacturing and other investments.” Currently, UAE’s direct equity investments in India stand at just under $20 billion, with nearly $3 billion invested in the last fiscal year alone. The UAE, India’s seventh-largest investor, has seen its annual investments in the country triple over the past five years. Listen in to know more.