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PM offers $1 trillion investment opportunity to UAE 18 August,2015

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Prime Minister Narendra Modi made a strong pitch for attracting investment in India on the second day of his visit to the United Arab Emirates.

At a meeting in Masdar City, a zero carbon city run on renewable energy and smart technology, the Prime Minister addressed nearly 40 top businessmen in the Emirate and the economic affairs minister Sultan Al Mansouri to make the pitch, telling his audience that India had the potential of absorbing $1 trillion of investment.

The list included representatives of companies like Etihad air and rail, the Mashreq Bank, telecom giant Etisalat, Emirates Air and Indian businessmen in UAE like Mr B R Shetty of UAE Exchange, and Mr Yusuf Ali of the Lulu Group, one of the largest chains of supermarkets in the country.

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