HE Mr. Nitin Gadkari, Minister of Road, Transport, Highways & Shipping, Government of India visited UAE on 19-20 October. He was also a Keynote Speaker at the India-UAE Economic Forum. During his address to the Forum, he mentioned that India was one of the fastest growing economies in the world and the present Government had substantially improved the Ease of Doing Business. He explained the positive initiative taken by the Prime Minister of India and the vast investment opportunities available in India.
He mentioned that Government of India had instituted targets for growth in roads and highways. The National Highway Authority of India had an AAA rating. An infrastructure group had been created under his chairmanship to resolve all issues related to clearances. Processes had been streamlined. The Government had also executed the exit policy. The strategy was to shift from “build road” to “move in India” through focus on efficient operation and network management for improving logistics sufficiency.
With regard to shipping, the Minister announced that all the ports are already linked as part of the Sagarmala, which is a programme for port-led development. This initiative would lead to manufacturing hubs in coastal region, good connectivity to ports as well as efficient ports.
The Minister also interacted with various CEOs and representatives of India Business Professional Group as well as other members of the business community.
Together with HE Mr. M.J. Akbar, Minister of State for Foreign Affairs, he met senior officials of Abu Dhabi Investment authority and had discussions on promoting investment into India.