UAE’s ADIA Invests in India’s Akums Drugs and Pharma: A Strategic Move with Global Implications
In a significant development that underscores the growing economic ties between the UAE and India, the Abu Dhabi Investment Authority (ADIA) has announced its investment in Akums Drugs and Pharma Ltd., a prominent player in the Indian pharmaceutical sector. This move is expected to bolster Akums' capabilities and expand its reach in the global market. Strengthening Ties Through Strategic Investment The investment by ADIA, one of the world’s largest sovereign wealth funds, highlights the deepening economic collaboration between the UAE and India. This partnership is not just a financial transaction but a strategic alignment that benefits both parties. For ADIA, it represents an opportunity to gain a foothold in India’s rapidly growing pharmaceutical industry, while for Akums, it means enhanced resources and global exposure. Akums Drugs and Pharma: A Leader in the Indian Pharmaceutical Sector Founded in 1983, Akums Drugs and Pharma Ltd. has established itself as a leading contract ma...