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There have been recent trade agreements between India and the UAE as well as Australia in order to support India's growing ambition to become a USD 1 trillion economy in 2030. For this objective to succeed, India intends to extend its reach to other Gulf Cooperation Council nations and to nations in the EU. These types of contracts would provide the economy with the manufacturing boost it requires to become a major supply center, resulting in business growth, job creation, and in turn enabling the economy to undergo growth and prosper.
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