UAE’s Sharaf Group To Invest More In Indian Logistics, Infrastructure

UAE’s Sharaf Group To Invest More In Indian Logistics, Infrastructure

The Sharaf Group is increasing its investments in India’s logistics parks, infrastructure and food sectors as the country becomes more business-friendly for foreign investors, said a senior executive.

Speaking on the sidelines of the UAE-India Economic Forum on Wednesday, Salah Sharaf, executive director, Sharaf Group, said the group has been involved in India’s railway and logistics parks business for years and would increase investment in the coming years.

“Infrastructure and logistics will be the key focus areas in India. With India and the UAE’s agreement on food security, this is also one of the key areas that we will focus on,” he said.

“We have presence in five logistics parks in India and plan to add 10 more cities. Our focus is infrastructure because India lags in this segment,” Sharaf said. Read More…

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