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        News and Press Release

        Union Commerce and Industry Minister Shri Piyush Goyal meets CEOs of leading companies of UAE, discusses their investment plans in India

        October 7, 2023

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        Shri Goyal interacts with leading food sector companies in the GCC region and Egypt

        Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal met with CEOs of leading UAE companies Emaar, Sharaf and DP World in Dubai  and discussed their investment plans in India. He assured them of Government of India’s commitment to facilitate UAE investments into India.

        Shri Goyal is on his third visit to the UAE as Minister of Commerce and Industry in the last 2 years. This highlights the importance that India attaches to its economic and commercial partnership with the UAE.

        Earlier today, Shri Goyal interacted with leading food sector companies in the Gulf Cooperation Council (GCC) region and Egypt. Given India’s pre-eminent role as the food security partner in the region, the meeting focussed on ways to promote greater trade and investments in the food sector between India and the GCC countries. Shri Goyal’s interaction also provided a platform for the industry representatives to share their insights and perspectives on building robust food sector cooperation between India and the region.

        The Minister also met with leading Indian Chartered Accountants (CA) based in the UAE. The interaction focussed on enhancing the India-UAE relationship. The Minister encouraged the CA community to contribute to the ‘Amrit Kaal’ of India.

        Investment facilitation: government support for UAE companies expanding into India and deeper food-sector trade ties. Government commitment to investment facilitation was reaffirmed when the Union Minister met UAE corporate leaders to discuss their India investment plans and promote bilateral economic ties, while separate engagements advanced food-sector trade and supply-chain cooperation with GCC countries and Egypt, and outreach to Indian chartered accountants in the UAE aimed to support professional contributions to India's development agenda.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
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                                Investment facilitation: government support for UAE companies expanding into India and deeper food-sector trade ties.

                                Government commitment to investment facilitation was reaffirmed when the Union Minister met UAE corporate leaders to discuss their India investment plans and promote bilateral economic ties, while separate engagements advanced food-sector trade and supply-chain cooperation with GCC countries and Egypt, and outreach to Indian chartered accountants in the UAE aimed to support professional contributions to India's development agenda.





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