On the sidelines of the 18th BRICS Summit in New Delhi, PM Narendra Modi met with Abu Dhabi's Crown Prince Sheikh Khalid bin Mohammed to strengthen strategic ties and finalize a massive investment in India's aluminum sector.

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  • Welcoming a historic $11.5 billion integrated greenfield aluminum project in Odisha.
  • Agreement to expand cooperation in defense, space, nuclear energy, and innovation.
  • Commitment to utilize the BRICS platform for mutual strategic interests.

Prime Minister Shri Narendra Modi held a pivotal meeting with His Highness Sheikh Khalid bin Mohammed, the Crown Prince of Abu Dhabi, on September 12, 2026, on the sidelines of the 18th BRICS Summit in New Delhi. Both leaders reaffirmed the significance of the India-UAE Comprehensive Strategic Partnership, which is built upon deep political, cultural, commercial, and energy ties.

The discussions recalled the successful high-level exchanges of 2026, including the visit of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to India in January and the Prime Minister's reciprocal visit to the UAE in May. These interactions have solidified a tradition of generational continuity in leadership contact.

Why This Matters

BozokMedia analysis shows that the focus on Odisha marks a shift toward heavy industrial synergy. The $11.5 billion investment by the UAE's International Holding Company is not just a financial transaction but a strategic move to position India as a global hub for aluminum manufacturing. This will likely trigger a ripple effect of ancillary industries in Eastern India.

The convergence of UAE's sovereign wealth and India's industrial scale is creating a new economic axis in the Indo-Pacific region.

The Prime Minister lauded the UAE's active and constructive participation in BRICS under India's presidency. Both leaders agreed to continue collaborating within the BRICS framework to advance shared priorities and strengthen multilateral cooperation.

A significant highlight of the meeting was the discussion on 'L'Imad', the UAE's latest sovereign investment fund. It is expected that L'Imad will play a crucial role in deepening the partnership for mutual benefit, particularly in emerging sectors like space technology and nuclear energy.

Did You Know?: The UAE is one of India's largest trading partners and a key investor in India's infrastructure through various sovereign wealth funds.

Key Investment & Cooperation Pillars

SectorDetail/InvestmentExpected Impact
Aluminum (Odisha)$11.5 BillionGlobal Manufacturing Hub Status
Investment FundL'ImadEnhanced Strategic Capital Flow
Strategic FieldsDefense & SpaceTechnological Innovation & Security

Frequently Asked Questions

Q1: What is the significance of the investment in Odisha?
A: It is the largest integrated investment in India's aluminum sector to date, aimed at making Odisha a global center for aluminum manufacturing.

Q2: What is L'Imad?
A: L'Imad is the UAE's newest sovereign investment fund designed to deepen the India-UAE partnership through targeted investments.