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Qatar keen to invest in India

NEW DELHI, March 25, 2015

Qatar is keen to take its relations with India to another level beyond energy ties and invest in India significantly, the country's ruler has said in an interview to an Indian newspaper.

The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, told The Times of India: "I know that the new government is taking a number of initiatives, especially in business and investment, which is very interesting and encouraging from our point of view. We trust the Indian economy. So we will invest in India."

He was speaking ahead of his meeting with Indian Prime Minister Narendra Modi today (March 25).

Sheikh Tamim said Qatar was looking at infrastructure investments in India.

He also expressed interest in Modi's 'Made in India' initiative.

Through the Qatar Investment Authority, the country holds significant stakes in major international companies around the world.

Qatar supplies an major share of India's natural gas needs, but Sheikh Tamim is keen to move the relationship beyond just energy.

He said he also wanted to start a security conversation with India.




Tags: Qatar | India | Invest |

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