Live from the 5th Arabian Business Forum

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4.00

Time's up, says Andrew Neil. The panel gets a strong round of applause, and that's it for another day. Thank you all for joining us, and we hope you enjoyed the coverage of the 5th Arabian Business Forum

3.50

A question from the floor. A delegate asks about the difficulties with financing that the healthcare sector has faced. BR Shetty, was experienced this problem last year, says that banks and other investors need to see these facilities as an opportunity.

Neil asks about the issue of Indian construction workers in the UAE. Verma says that the embassy works closely with workers on the issues of payment and benefits. "But there's no pattern emerging to suggest that there's concern or exploitation - I wouldn't classify it as such."

3.45

Neil is questioning the healthcare in the UAE - is it the quality, or the quantity? "The quality is excellent, but there are just not enough facilities," says Shetty.

Verma also warns that Indian medical professionals are not being attracted to the Gulf in the ways they once were, due to the opportunities now available in India. Shetty says that a solution to this problem is to start a medical college in the UAE - for expatriates. He's currently in meetings with the authorities here, but is calling for other local entrepreneurs to invest as well.

3.40

Another self-made man, Shetty gives a brief speech at the integrated medical facilities and services he has introduced into the UAE. He also makes a call on local banks to investment more into healthcare infrastructure in the country.

All three men are now taking questions from Andrew Neil and the floor. Neil asks about the trade balance, which Verma says is more or less equal. Isn't India a tough place to do business?

"India's investment needs are primarily met by domestic capital...but over a period of time, doing business in India has got a lot easier over the last decade. There's no such thing as a free lunch in the business world," says Verma.

"I'm not asking for a free lunch - what about a level playing field?" asks Neil.

"There's no doubt there are certain difficulties, but at the end of the day, there is a very handsome return on your investment in India," says Shahdadpuri. "India is a place where you have the rule of law and a large democracy. It's a great opportunity."

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