The Kuwait Investment Authority (KIA), an autonomous government body responsible for managing various funds for the Arab nation, today said it plans to invest in education and healthcare in India.
"Kuwait Investment Authority is scouting for opportunities in education and healthcare in India," Kuwait Ambassador S M Al-Sulaiman said at an interactive session with Bengal National Chamber of Commerce and Industry here.
However, nothing had been finalised so far. KIA so far already invested about $1 billion in India.
Kuwait Petroleum Company was negotiating to join ONGC and IOC for investing in fertiliser, oil & gas and petroleum sector, Al-Sulaiman said.
He said they were also discussing with India to their airlines to touch more cities like Ahmedabad, Bangalore, Kolkata and Hyderabad.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app