New Delhi, Sept. 28 -- The UAE has indicated it may invest another $25 billion in India in the near future, while the countries have decided to double their annual trade to $200 billion by 2032, commerce and industry minister Piyush Goyal said on Monday.

The UAE has invested about $25 billion in India, and aims to raise investments to $100 billion in the years to come, Goyal said in Mumbai after co-chairing the 14th meeting of the India-UAE high-level joint task force on investments with Abu Dhabi Investment Authority (ADIA) managing director Sheikh Hamed bin Zayed Al Nahyan.

The meeting comes as the ongoing West Asia crisis has disrupted global supply chains, pushing up energy prices and threatening the overall trade and investment pro...