India, Qatar ink six agreements: Emir of Qatar's visit to India
Qatar has big investment plans for India said Emir of Qatar Tamim Bin Hamad Al Thani
India and Qatar inked six agreements, including one on transfer of sentenced prisoners, as visiting Emir of Qatar Tamim Bin Hamad Al Thani held talks with Prime Minister Narendra Modi.
Emir of Qatar Tamim Bin Hamad Al Thani with
Narendra Modi
India has invited investors and entrepreneurs from Qatar to look at India’s infrastructure sector and to join in the "Make in India” and “Digital India” initiatives. India’s 100 Smart Cities project is open for foreign participation. Foreign investment caps have been eased in construction, railways and defence sectors.
Around 600,000 Indian nationals work in Qatar, comprising the largest expatriate community in Qatar. Qatar is also the largest source of India's LNG imports, at 86 percent. Bilateral trade stands at USD 16 billion, heavily weighted in favour of Qatar due to India's LNG imports.
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