UAE consortium to raise $1bn for big-ticket India projects - The National:
"NRI-Emirati Investors Group, a consortium of UAE-based private investors, said it will raise US$1 billion for a fund that will finance infrastructure projects in India, the biggest local private fund-raising effort of its kind. "This would be the largest such collective fund raising programme by a private group of investors generating as much $1bn for investment into big-ticket Indian projects and reflects the level of maturity of the UAEs private sector businesses," said Vipul, the consul general of India."
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