Page 222 - MOET ENGLISH PR REPORT - JULY 2025
P. 222
UAE-India investment ties get a boost at Investopia
Summit in Andhra Pradesh
Yusuffali M A reaffirmed Lulu Group’s investment plans in Andhra Pradesh, including a mega
shopping mall in Visakhapatnam, a hypermarket, and a food processing hub in Vijayawada
Published: Fri 25 Jul 2025, 10:56 AM
The UAE-India economic partnership gained fresh momentum as the Investopia Global Investment
Summit was held in Andhra Pradesh, highlighting new opportunities for collaboration in sectors
such as logistics, food processing, seaports, shipbuilding, renewable energy, green energy, digital
technology, and artificial intelligence.
The summit brought together key leaders and investors from both countries, including Abdulla bin
Touq Al Marri, Minister of Economy; Yusuffali M A, chairman of Lulu Group; and Andhra Pradesh
chief minister N Chandrababu Naidu, who hosted the summit and assured full support to UAE-
based companies looking to invest in the state.
AlMarri noted that India remains the UAE’s third-largest trading partner and emphasised that the
two nations are deepening their economic engagement through focused, sustainable investments.
https://www.khaleejtimes.com/kt-network/uae-india-investment-ties-get-a-boost-at-investopia-
summit-in-andhra-pradesh

