Image Courtesy: Qatar News Agency

OIC Economies

Qatar to invest $10 billion in India


Qatar plans to invest $10 billion in India, as well as have its sovereign wealth fund open an office there. 

The GCC nation is keen to explore investment opportunities across infrastructure, technology, manufacturing, food security, logistics, hospitality, and other areas of mutual interest, according to a joint statement issued during Qatari Emir Amir Sheikh Tamim bin Hamad Al-Thani’s official visit to India in February. 

Qatar Investment Authority will open an office in India, though the statement did not state the city where the sovereign wealth fund would maintain its presence. 

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