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Home International Customs India

India may avail investment opportunity of $1 trillion in UAE: PM

byCustoms Today Report
19/08/2015
in India
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NEW DELHI: Inviting investors from UAE, Prime Minister Narendra Modi said India has an immediate investment opportunity of $1 trillion and the government will take urgent steps to address concerns of the businessmen from this country and erase deficit of 34 years.

Modi also said his government has got some problems in legacy and his immediate priority would be to kickstart the things which were stalled by the “indecisiveness and lethargy” of the past governments.I have got some problems in legacy. I cannot take only the good points and leave aside the problems.

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Some things were stalled due to the indecisiveness and lethargy of the governments It is my priority to kickstart those things,” Modi said while addressing the business leaders from the UAE here at the Masdar City.

Modi, who is the first Indian Prime Minister to visit UAE in the last 34 years, said India has huge investment opportunities for investors from the UAE in sectors like infrastructure, energy and real estate and urged them to come to invest in India and together make the 21st century ‘Asia’s Century’.

Tags: India investment opportunity

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