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IUPS to highlight investment potential in UAE, India
BY IMRAN MOJIB September 11, 2018
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DUBAI: The second India-UAE Partnership Summit (IUPS 2018), a unique platform to highlight investment potential in India and the UAE and create awareness among investors about these opportunities, will be held in Dubai from October 30 to 31, 2018. Organised by the Business Leaders Forum, the summit promotes large-scale investment projects in India and the UAE.

“The IUPS 2018 is very important sequel to the inaugural summit held in 2017. We are applying lessons learnt from the first experience and putting much more focus on specific sectors, particularly the SME and education sector. We are bringing a lot of different companies. Most encouraging is the response from various state governments in India,” said Navdeep Singh Suri, Ambassador of India to the UAE.

The high-level and high-powered summit is split into a number of brainstorming business sessions and panel discussions on hot topics, while ministers of five Indian states – Andhra Pradesh, Assam, Kerala, Puducherry, Punjab and West Bengal – will present investment opportunities in key projects within the states and seek investment from potential partners in the UAE.

The emirates of Abu Dhabi and Sharjah are joining the IUPS 2018 as focussed emirates of the UAE to showcase their projects to Indian investors.

“I look at this summit as very important opportunity for us to showcase investment opportunities in specific states and specific sectors and encourage our business community in the UAE to look much more seriously at the investment opportunity in India,” he added.

Juma Al Kait, Assistant Under-secretary of the UAE Ministry of Economy, said that the India-UAE Partnership Summit provides a unique platform to highlight investment potentials in India and the UAE and create awareness among investors about these opportunities.

“Over the years, India and the UAE have forged strong bilateral ties, with focus on key sectors like energy, construction, aviation and SMEs. This summit will explore the possibilities of deeper cooperation in sectors of mutual interest, like hydrocarbon, civil aviation, maritime, renewable energy, space and exploration, to name a few,” he said.

The press meet was also attended by Consul-General of India in Dubai Vipul, BLF President Dr Ram Buxani, IUPS 2018 organising committee head Sudesh Aggarwal and BLF Secretary General Sripriyaa Kumaria.

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