India and the UAE will also set up a food corridor, investing over $2 billion in 2-2.5 years. The discussions also entail plans to set up food parks in India.

At present, direct equity investments from the UAE stand just under $20 billion, with nearly $3 billion invested in the last fiscal itself

Commerce Minister Piyush Goyal announced on Monday that the Indian rupee should appreciate due to strong inflows in debt and equity markets, noting the country's foreign exchange reserves have surpassed $700 billion for the first time.

India's Commerce Minister Piyush Goyal emphasized ongoing efforts with the US to finalize a social security agreement, allowing expatriates to avoid host country social security payments. He cited the substantial coverage in India and discussed bilateral cooperation on critical minerals essential for clean energy technologies.

According to the minister, the social security coverage details that have been shared with the US cover about 930 million people in India

In Washington D.C, Union Minister Piyush Goyal addressed the potential for India-Pakistan trade via the Atari border, stating that PM Modi made every effort to improve relations with Pakistan after coming to power in 2014.

Union Minister Piyush Goyal highlighted that it was a very difficult task to bring back manufacturing in the country as the economic situation was very bad when PM Modi took charge in 2014. The minister stated this during a press address on the sidelines of his 4-day US visit which concluded on Thursday.