'Modi should listen carefully to successful Indians in UAE'

Dubai, Aug 17  Prime Minister Narendra Modi should listen carefully to the successful Indians he meets in the UAE and ask them about their formula for success and, more importantly, ask them how that same success can be achieved in India, said a leading daily here.

An editorial "Modi should learn from Indian expats" in The National said that Modi has a lot to accomplish during his historic two-day visit to the UAE. 

"As with all such high-calibre visits, there will be a lot of talking, but he should also take the time to listen, especially to his compatriots who have built their careers and businesses here," it said. 

The daily noted that "many entrepreneurial Indian expatriates are reluctant to expand their businesses into India because of that corruption and the prohibitively bureaucratic environment". 

Modi’s visit, the first by an Indian prime minister in 34 years, "will cover a wide range of issues concerning Indian-UAE relations including trade, energy, security and investment". 

"The relationship is a strong one and the UAE continues to be a major investor in many aspects of the Indian economy."

It went on to say that "India is a difficult environment for direct foreign investment". 

"Indian expatriates who have had built businesses in the UAE have used their skills and experience to expand internationally, but not always to India. Modi needs to understand what is holding them back," the editorial said.

It added that Modi "should listen carefully to the successful Indians he meets in the UAE ...He should ask them about their formula for success and, more importantly, ask them how that same success can be achieved in India". 

"No doubt, many of the answers will lie in the comparative ease of doing business in the UAE and the support given at all levels to those with the vision to innovate and excel." 

The daily said that the relationship between the UAE and India is already strong. "If Modi can deliver on his campaign promises to reform the Indian economy, we both stand to gain - but nobody more than the average Indian living on less than $5 a day."