Union Budget 2023-24
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India – Kuwait Bilateral relations:

India and Kuwait have long-standing, cordial connections that are firmly anchored in history. Geographical closeness, previous commercial connections, cultural similarities, and the presence of a sizable Indian community in Kuwait all reinforce this relationship. Indian rupees were accepted as legal cash in Kuwait until 1961, making India a natural trading partner of Kuwait.

India has been among the top 10 trading partners of Kuwait with total trade between two countries recorded at US$ 12.2 Bn (2021-22).

FDI from Kuwait stood at US$ 89.37 Mn between Apr 2000- Dec 2022. There is still significant untapped potential for advancing business and investments from Kuwait to India.

The India Opportunity:

India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector. India has a business-friendly environment, and the government has undertaken various reforms to make it easier for businesses to operate in the country. If you are looking to expand your business and tap into the immense potential of the Indian market, then India is the place to be. India offers a world of opportunities for businesses across various sectors

About Invest India:

The most awarded investment promotion agency in the world, Invest India is the advisor, guide, and facilitator to every investor looking to make a home in India. We offer a one-stop solution to global and domestic investors whom we handhold throughout their journey into the world's most liberal investment destination from the day they start exploring India as an investment destination to the time of deployment of their investments and even beyond.

We look forward to being a part of your journey with the world’s fastest-growing emerging economy- India!

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