{
  "id": 10406807,
  "title": "UAE to invest another $25B in India, eyes energy bets",
  "url": "https://urgent.news/2026/09/28/uae-to-invest-another-25b-in-india-eyes-energy-bets",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-28T08:48:21.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/uae-to-invest-another-25-billion-in-india-eyes-energy-bets/articleshow/134536860.cms"
  },
  "original_language": "en",
  "account": "The United Arab Emirates (UAE) intends to inject an additional $25 billion into India, according to Commerce and Industry Minister Piyush Goyal. The UAE has already invested $25 billion in India, with an aspiration to increase investments to $100 billion in the foreseeable future. Goyal revealed these plans after the 14th India-UAE Investment Task Force meeting in Mumbai.\n\nThe two nations are in talks to enhance energy cooperation, focusing on strategic petroleum reserves, liquefied petroleum gas (LPG), liquefied natural gas (LNG), and subsea gas pipelines. These discussions are taking place amid the ongoing crisis in West Asia. Goyal stated that India is exploring the UAE as a significant source of LPG, LNG, and gas.\n\nThe talks are taking place at a time when India and the UAE are working to strengthen energy resilience and security. Goyal highlighted the importance of building \"energy bridges\" between the two countries. The UAE is a trusted partner in helping to achieve this goal, according to Goyal.\n\nIndia and the UAE's bilateral trade has doubled to $100 billion, with an aim to reach $200 billion by 2032. They have an existing Comprehensive Economic Partnership Agreement, which is now four years old. Goyal emphasized that the UAE is one of India's largest foreign direct investment sources, having invested $25 billion in the country so far. The UAE's objective is to increase its investments in India to $100 billion in the years to come.\n\nLocal currency settlement between India and the UAE is steadily increasing and currently stands in double digits. Goyal also noted that the UAE-FTA set a new benchmark as the fastest ever negotiated free trade agreement, with negotiations completed in less than 90 days. India aims to increase its exports to $1 trillion this year, following a record $863 billion in exports last year.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}