Delhi: Chairman and Managing Director of Lulu Group International, M.A. Yusuff Ali, has highlighted the deep-rooted and brotherly ties between India and Qatar, emphasizing the significance of their growing economic cooperation.
Speaking to ANI News, he referred
to the warm welcome extended to the Emir of Qatar, Sheikh Tamim bin Hamad Al
Thani, by Indian Prime Minister Narendra Modi, noting that this reflects the
strong diplomatic and economic bond between the two nations. He lauded India’s
rapid economic growth under the leadership of the Prime Minister, stating that
the country is steadily progressing towards a $5 trillion economy, creating
vast opportunities for global partnerships.
Qatar, being one of the
wealthiest nations, is emerging as a key investor in India, particularly in
artificial intelligence, digitalization, IT, food processing, and food
security. Yusuff Ali, in his conversation with ANI News, emphasized the
importance of these investments in shaping India's future and strengthening
bilateral trade. With India's expanding economy and Qatar's commitment to
long-term strategic investments, the collaboration is expected to unlock new
avenues of growth, fostering stronger business and economic ties between the
two countries.