PM Modi woos UAE investors, says immediate potential for US $1 trillion investment in India

Prime Minister Narendra Modi, who is on two-day visit to UAE, on Monday interact with the investors in UAE and said that India is a land of many opportunities.

Live coverage | UAE visit: PM Modi visits Masdar city in Abu Dhabi, meets business leaders

Addressing investors meet, Modi said, “India is a land of many opportunities. 125 crore people of India are not a market, but they are a source of great strength.”

Stating that UAE’s power and India’s potential can make the dream of an Asian Century a reality, Modi added, “Infrastructure development and real estate offer tremendous opportunities for UAE businesses in India. We have got legacy problems; priority to kickstart things that were stalled due to indecisiveness, lethargy of past governments.”

Modi also said that there is an immediate potential for US$ 1 trillion investment in India and country has got a decisive and stable government.

Later in the day, Modi will address Indian diaspora at the Dubai cricket stadium, where around 50,000 people have registered to attend.

Also read: Modi’s UAE visit: PM discusses investment opportunities with UAE officials

Latest Update:

PM Modi discusses investments & collaborations with business leaders at Masdar City

  • There are innumerable flights between India and UAE, but it took an Indian PM 34 years to come here.

  • UAE’s power and India’s potential can make the dream of an Asian Century a reality.

  • I feel India is a land of many opportunities. 125 crore people of India are not a market but they are a source of great strength.

  • I will send my Commerce Minister to try and find solutions to the problems faced by some UAE investors.

  • Infrastructure development and real estate offer tremendous opportunities for UAE businesses in India

  • India has never tapped the potential of tourism, there is a lot of possibility in hospitality industry.

  • We have got legacy problems; priority to kickstart things that were stalled due to indecisiveness, lethargy of past governments.

  • In the agriculture sector we need cold storage network and warehousing network where UAE businesses have another advantage.

  • Immediate potential for USD 1 trillion investment in India; Country has got a decisive and stable government.

  • Prime Minister Narendra Modi says he wants investments from UAE to build infrastructure for India’s economic growth.

11:18 IST Monday, 17 August 2015

Investors meet with PM Narendra Modi

10:24 IST Monday, 17 August 2015

Prime Minister Narendra Modi at Masdar planned city project in Abu Dhabi

10:20 IST Monday, 17 August 2015

Media coverage in the UAE Press on PM Modi

7:37 IST Monday, 17 August 2015
PM Modi to addresses Indian diaspora at Dubai Cricket Stadium today

Updates From PM Modi’s Day-1 visit

23:00 IST Sunday, 16 August 2015

PM Modi is discussing investment opportunities over high level dinner which is hosted by HH Hamed bin Zayed Al Nahyan, MD of Abu Dhabi Investment Authority, External Affairs Ministry spokesperson Vikas Swarup said.

UAE allots land for building first temple in Abu Dhabi

The UAE on Sunday decided to allot land for building a temple here, the first in the Emirati capital as Prime Minister Narendra Modi today began his two-day visit to the strategic Gulf nation. Modi thanked the UAE leadership for this “landmark” decision.

While there are two temples in Dubai, one of Lord Shiva and another of Krishna, there is none in Abu Dhabi.

Modi visits ICAD Residential City, interacts with Indian workers.

20:30 IST Sunday, 16 August 2015

Prime Minister Narendra Modi on Sunday began his two-day trip to the UAE by visiting the historic Sheikh Zayed Grand mosque, the world’s third largest.

After his arrival, Modi, on first public engagement here, visited the Sheikh Zayed Grand Mosque, a key place of worship in the UAE and known as a masterpiece of Islamic architecture. The mosque is third largest in the world after the ones in Mecca and Madina in Saudi Arabia. It is named after the founder and first President of the UAE, the late Sheikh Zayed bin Sultan Al Nahyan. (Read more)

Modi also took a selflie with the dignitaries there.

Indians in UAE thronged to meet the PM there.

17:00 IST Sunday, 16 August 2015

His first public engagement is a visit to Sheikh Zayed Grand Mosque, a key place of worship in the UAE and known as a masterpiece of Islamic architecture. The mosque is third largest in the world after the ones in Mecca and Madina in Saudi Arabia. It is named after the founder and first President of the UAE, the late Sheikh Zayed bin Sultan Al Nahyan.