Qatar plans to invest US$10 billion across multiple sectors in India, as announced in a joint statement following the visit of Qatar’s Emir, Sheikh Tamim bin Hamad Al-Thani, to New Delhi.
“Trade was a key focus of our discussions. We aim to expand and diversify the trade connections between India and Qatar,” Indian Prime Minister Narendra Modi stated on X.
The investment will target infrastructure, technology, manufacturing, food security, logistics, hospitality, and other key sectors, according to the joint statement. Both nations are also exploring a free trade agreement and aim to double their annual trade to US$28 billion within the next five years, as per India’s foreign ministry.
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