Page 7 - 39th Annual Conference Recap_Final

H.E. Pavan Kapoor

Ambassador of India to UAE

H.E. Pavan Kapoor, Ambassador of India to UAE, stated that after a
catastrophic year we are on road to recovery. He mentioned that ministers
from India and UAE continue to have discussions virtually on various aspects
to strength the relationship especially on areas of health, renewable energy,
education and oil & gas. Further he stated that food security and health care
are seen as important areas of growth. He mentioned that even during
pandemic infused lockdowns, India continued food supplies to UAE and
sent essential healthcare support.

India sent 200,000 doses of Astrazenca vaccine during the month of February
this year and from UAE side, India received huge support in terms of ventilators,
bipap machines, transport support for liquid medical oxygen etc.

He shared that even when India is hard hit by Covid19's 2nd wave, many
agencies have given economic predictions of double digit growth for this
year. He mentioned that during the financial year 2021 India received highest
ever FDI inflows close to US$ 82 billion (a growth of 10% over previous
financial year). UAE has currently invested around US$ 11 billion into India
th
which makes it 8 largest investor into India in terms of FDI.

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