India's GDP Surges to $4.3 Trillion, Doubling in a Decade

The Qatar Investment Authority (QIA) has announced plans to open a new office in India and invest $10 billion into various sectors, as revealed by the Indian Ministry of External Affairs on February 18, 2025. This move underscores the strong strategic partnership between Qatar and India, recognized as one of the fastest-growing economies in the world.
During a recent meeting in New Delhi, Prime Minister Narendra Modi and Amir of Qatar Sheikh Tamim Bin Hamad Al Thani discussed the potential for a bilateral free trade agreement. Arun Kumar Chatterjee, Secretary in the Ministry of External Affairs, noted that talks surrounding a free trade agreement with the Gulf Cooperation Council (GCC) are ongoing. Both nations have set an ambitious goal to double bilateral trade from the current $14 billion to $28 billion by 2030.
In addition to the major investment, the two countries also agreed to establish joint commissions and expand partnerships in energy, technology, and cultural exchanges, solidifying their longstanding relationship.