Business Standard

Expect UAE sovereign fund to invest soon in India: Jaitley

The first investment in India could be into India's national infrastructure fund, he added

Arun Jaitley

Arun Jaitley

Reuters Dubai

The sovereign wealth fund of the United Arab Emirates should start investing in India soon, Indian Finance Minister Arun Jaitley told Reuters on Tuesday on a visit to Dubai to drum up interest in Asia's third-largest economy.

The first investment in India could be into India's national infrastructure fund, Jaitley said in an interview, adding that the government would put legal structures and tax predictability in place to attract sovereign wealth funds.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 17 2015 | 12:23 PM IST

Explore News