The UAE government has committed to invest $75 billion sovereign funds in India and the two partners have shared vision for clean energy as they are working together to start manufacturing of equipment for solar power, commerce minister Piyush Goyal said in Dubai on Saturday.
Addressing a news briefing on the second day at Expo 2020 Dubai, Goyal said his engagements with UAE businessmen and investors on Friday were “truly fabulous”.
“There is a commitment from the rulers of the UAE to invest $75 billion from their sovereign funds in India. This is over and above what other businesspersons in the UAE may want to invest,” he said.