India raises $2 billion in deals at EXPO 2020 Dubai

File photo (For illustration)

The India pavilion raised $2 billion in investment deals during Maharashtra Week at Expo 2020 Dubai.

Over 25 agreements were signed with international firms in sectors including automobile, logistics, electric vehicles, textiles, data centres, pharma, biofuels, and energy.

The deals were signed with Japan, Singapore, Sweden, Korea, Germany, and Italy, and entities like the Africa-India Economic Foundation for bilateral trade and cooperation.

During the week, various departments also held knowledge-sharing leadership roundtables, fireside chats and one-to-one meetings with their respective global counterparts, as well as corporates to highlight the opportunities the country has to offer.

This rapid signing of deals was followed by almost 100,00 pavilion visits during the week.

Addressing the Indian diaspora at the closing ceremony, Aslam Sheikh, Maharashtra Fisheries and Textiles Minister said: “We are proud of each Indian who has contributed to the growth of the two nations.

"The state of Maharashtra appreciates the dedication and hard work that you all have put in strengthening the global position of both India and the UAE.”

More from Business

Coming Up on Dubai Eye

  • The Night Shift with Mark Lloyd

    8:00pm - 11:00pm

    Musicians and music, entertainers and entertainment, industry gossip and songs selected by you, get ready to bring your night time to life! Every evening from eight, Mark Lloyd brings you an energetic mix of local and international content and contests, featuring an array of celebrity interviews and entertaining anecdotes. Get involved in the show and pick your favourite jukebox hits, every night from 8pm - 11pm.

  • Nights on Dubai Eye 103.8

    11:00pm - 6:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • When Do You Close The Office As COVID Numbers Spike?

    If you've got staff testing positive for COVID, at what point do you temporarily close the office? We speak to the Head of Human Capital for AON, Ray Everett, about when to make the call.

  • Are Your Children Vaccinated?

    Are you considering getting your children vaccinated as COVID-19 cases continue to rise? Helen chats to Dubai mum Jenny who says it's been on her mind.