Home Masterbuilder Infra and realty offer tremendous opportunities for UAE businesses in India: Modi

Infra and realty offer tremendous opportunities for UAE businesses in India: Modi

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Prime Minister Narendra Modi said in UAE that India has an immediate investment opportunity of $1 trillion and the government will take urgent steps to address concerns of the businessmen from UAE and erase “deficit of 34 years”. He also said “Infrastructure development and real estate offer tremendous opportunities for UAE businesses in India”. Modi added that India’s agriculture sector needs, “a cold storage network and warehousing a network where UAE businesses have an advantage.” The Prime Minster assured to solve the problems, which had been informed by UAE businesses team. He said he would send India’s Commerce Minister to try and find solutions to the problems being faced by some investors. PM Modi promised solutions to problems like the lack of a single window clearance and cumbersome and complex processes to do business in India. He also commented that the UAE should be at the centre of the mainstream of things in Asia. Modi further said that UAE’s power and India’s potential can make it Asia’s century”.

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