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7/29/24, 2:03 PM Investopia Global Talks Launched In India's Chennai To Strengthen UAE-India Economic Partnership In New & Sustainable Econo…
new and sustainable economic sectors, especially in logistics, advanced industries,
entrepreneurship, SMEs, environment and investment.
The event was organized by Investopia in cooperation with the Government of the Indian
State of Tamil Nadu and the Confederation of Indian Industry (CII), in the presence of H.E.
Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia; H.E. Alia bint
Abdulla Al Mazrouei, Minister of State for Entrepreneurship; Dr. T.R.B. Rajaa, Minister of
Industry, Investment Promotion and Commerce in the Government of Tamil Nadu; H.E. Sunjay
Sudhir, Ambassador of India to the UAE; and R Dinesh, President of CII. It drew the
participation of more than 300 attendees, including investors, entrepreneurs, economists and
representatives of leading UAE and Indian private sector companies.
H.E. Bin Touq emphasized Investopia's key role in strengthening the UAE's efforts to
transition to a new economic model based on knowledge and innovation, given its focus on
promoting investment and expansion in new and sustainable economic sectors. Furthermore,
it facilitates productive economic partnerships with governments and the private sector in
these critical areas, where dialogues have been successful. Over the past three years,
Investopia Global Talks traveled to more than 11 global strategic markets, presenting a series
of effective and distinct debates and sessions on economic and investment opportunities in
emerging markets, and offering an interactive platform that brought together senior leaders,
economic players, investors and entrepreneurs at the local, regional and global levels.
H.E. added that the UAE and India share the vision of embracing a new and sustainable
economic model, which underscores Investopia's key role in promoting and supporting the
achievement of this vision in the government and private sectors of the two countries.
The UAE and India are among the fastest growing economies, with the UAE's non-oil GDP
growing by 6.2% in 2023 compared to that of 2022, ranking 5th globally in the real GDP
growth index. Meanwhile, India's GDP grew by 8.4% in the last three months of 2023. These
figures reflect the momentum of growth of economic opportunities in the two countries'
markets during the next phase, given their outstanding economic partnership.
H.E. Bin Touq said:“We introduced the inaugural Investopia Global Talks in India in 2021,
hosting two sessions in Mumbai and New Delhi. Today, we are launching a new milestone in
the South Indian city of Chennai, highlighting the significance we attach to the Indian private
sector as a key economic and investment partner to the UAE's business sector. This has
great relevance considering there were over 232,000 Indian commercial licenses operating in
various economic sectors and activities within the UAE's markets as of the end of H1 2024. In
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