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The Economic Times

Business / The Economic Times

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UAE to invest another $25 billion in India, eyes energy bets

The UAE is set to invest an additional $25 billion in India, strengthening energy cooperation between the nations. India and the UAE are exploring strategic petroleum reserves and subsea pipelines for gas transportation and storage. Bilateral trade between the countries has doubled to $100 billion, with a target of $200 billion by 2032. Local currency settlement in trade is on the rise, currently in double digits.

28 Sep 2026 2:18 pm