India
UAE keen on investing in Karnataka
Bangalore | Friday, Nov 6 2009 IST
United Arab Emirates(UAE) is keen to invest in Karnataka and a delegation will be visiting the state on November 10 to explore investment opportunities. This was disclosed by the Ambassador of UAE to India Mohamed Sultan Abedalla-al-Owasis today after a meeting with Karnataka Minister for Large and Medium Industries Murugesh R. Nirani. He said India was in third position in terms of foreign investment in UAE. The delegation will explore investment opportunity. He said India was not significantly affected by global recession and it was showing sings of recovery in all sectors. Earlier, during the meeting it was decided to promote sectors like medical tourism in Karnataka. -- (UNI) -- 06MC9.xml
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