Brief by Shorts91 Newsdesk / 06:41pm on 18 Feb 2025,Tuesday India Global
Oil-rich Qatar has announced a $10 billion investment in India. The news came after a meeting between Prime Minister Narendra Modi and Qatar Amir Sheikh Tamim bin Hamad Al-Thani. Both leaders signed agreements to boost trade and explore a free trade deal. Qatar will invest in infrastructure, technology, manufacturing, and more. The Qatar Investment Authority will open an office in India to support the project. India’s trade with Qatar, currently around $15 billion, is expected to double by 2030. Leaders also condemned terrorism. Qatar remains a key supplier of LNG and LPG to India. This investment will boost bilateral ties.