Piyush Goyal: ‘Trust’ describes India-UAE relationship

31 March 2022, Mumbai:

Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, invited the business community from the United Arab Emirates (UAE) to come and capitalise on the business-friendly policies and the opportunities that the emerging India is offering to global businesses.

“With the cost and trust advantage that India offers, it is time to invest in India. As partners, we can secure each other’s economic future and strengthen our partnership in the post-COVID world,” said Shri Goyal.

Shri Goyal was speaking at India’s Honour Day Celebrations at Expo2020 in Dubai.

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He said, “I believe we are now at the cusp of growth and development in the years to come.

India provides talent and investor friendly policies. In most sectors, FDI is open 100%. We have several new initiatives to promote industry like the Production Linked Incentive scheme and the Make in India policy, our efforts to provide Ease-of-doing-Business, all of which will lead to ease of living for our people,” he added.

“To the global community, I say, 'Come experience India – the land of opportunities'. Let’s grow together, let’s change together, let’s transform together because together we can surmount any obstacles and achieve humongous goals and targets beyond anyone’s imagination,” said the Minister.

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Goyal said that the new India is fearless and confident where we wish to see the prosperity of every Indian. “Next 25 years in India will signify a strong and inclusive India,” added the Minister. He said the word ‘trust’ describes India-UAE relationship.

“Our ties will remain vibrant and grow from strength to strength,” said the Minister.

Shri Goyal said, “The special partnership that Prime Minister, Shri Narendra Modi and H.H. Sheikh Mohammed bin Zayed Al Nahyan share is legendary.

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It’s a bond of eternal friendship symbolising trust and we are natural partners due to the complementary nature of our economies and increasing trade will always showcase the synergy that the two nations have, strengthening further, our bonds.”

“Our shared vision which has opened newer avenues, one of which is the commitment to establish an Indian Institute of Technology (IIT) in the United Arab Emirates,” added the Minister.

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CREDITS: PBI (The news article has not been edited by DFU Publications staff)