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Abu Dhabi Weighs Investment Pledges Worth $50 Billion for India

  • Provisional pledges could come as soon as early next year
  • Investments could boost Modi’s image ahead of 2024 elections
India’s Narendra Modi with UAE’s Sheikh Mohamed bin Zayed

Photographer: Ludovic Marin/AFP/Getty Images

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The United Arab Emirates is considering investing as much as $50 billion in India, its second-largest trading partner, as part of a broader bet on the world’s fastest-growing major economy.