+
India-UAE Trade Crosses $100 Billion as Ties Deepen
ECONOMY & POLICY

India-UAE Trade Crosses $100 Billion as Ties Deepen

India and the United Arab Emirates are strengthening their economic partnership, with bilateral trade crossing $100 billion in FY2024-25. The milestone was achieved five years ahead of the target set under the Comprehensive Economic Partnership Agreement (CEPA) signed in 2022.

The two countries have set a new target of increasing bilateral trade to $200 billion by 2032. The agreement to raise the target was reached during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s visit to India earlier in 2026.

While energy has traditionally been a major pillar of India-UAE economic relations, trade has diversified considerably. Non-oil trade between the two countries increased nearly 20% to reach $65 billion, spanning engineering goods, gems and jewellery, food and agricultural products, chemicals, textiles, pharmaceuticals and services.

India’s exports to the UAE crossed $36.63 billion, making the country India’s second-largest export destination. Major exports include refined petroleum products, gold and diamond jewellery, engineering goods, garments, pharmaceuticals and processed food. UAE exports to India remain led by crude oil, gold and petrochemicals.

Economic cooperation is also expanding into emerging and high-value sectors such as semiconductors, artificial intelligence, renewable energy, fintech, healthcare, critical minerals and civil nuclear energy. Indian companies have established operations across the UAE in sectors including manufacturing, construction, hospitality, healthcare, retail and education.

The partnership is also extending to opportunities in third-country markets. UAE-India Business Council Chairman Faizal Kottikollon highlighted potential collaboration across African growth corridors in infrastructure, healthcare, logistics, digital ecosystems, sustainability and human development.

Further bilateral engagement is expected to focus on strengthening cooperation across trade, investment, energy security, technology, culture and people-to-people relations.

India and the United Arab Emirates are strengthening their economic partnership, with bilateral trade crossing $100 billion in FY2024-25. The milestone was achieved five years ahead of the target set under the Comprehensive Economic Partnership Agreement (CEPA) signed in 2022.The two countries have set a new target of increasing bilateral trade to $200 billion by 2032. The agreement to raise the target was reached during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s visit to India earlier in 2026.While energy has traditionally been a major pillar of India-UAE economic relations, trade has diversified considerably. Non-oil trade between the two countries increased nearly 20% to reach $65 billion, spanning engineering goods, gems and jewellery, food and agricultural products, chemicals, textiles, pharmaceuticals and services.India’s exports to the UAE crossed $36.63 billion, making the country India’s second-largest export destination. Major exports include refined petroleum products, gold and diamond jewellery, engineering goods, garments, pharmaceuticals and processed food. UAE exports to India remain led by crude oil, gold and petrochemicals.Economic cooperation is also expanding into emerging and high-value sectors such as semiconductors, artificial intelligence, renewable energy, fintech, healthcare, critical minerals and civil nuclear energy. Indian companies have established operations across the UAE in sectors including manufacturing, construction, hospitality, healthcare, retail and education.The partnership is also extending to opportunities in third-country markets. UAE-India Business Council Chairman Faizal Kottikollon highlighted potential collaboration across African growth corridors in infrastructure, healthcare, logistics, digital ecosystems, sustainability and human development.Further bilateral engagement is expected to focus on strengthening cooperation across trade, investment, energy security, technology, culture and people-to-people relations.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Saluting Engineers on Engineer’s Day!

India’s infrastructure story is often told through kilometres of highways, soaring bridges, expanding metro networks and tunnels through some of the country’s toughest terrain. Less visible are the engineering decisions behind them. A railway through the Himalayas. A bridge across Mumbai Bay. A metro system built beneath a crowded capital. A 182-m-high structural landmark. A new generation of high-speed highways. Each demanded years of design, testing, coordination and problem-solving, often in conditions where there was little room for error. This Engineers’ Day, we lo..

Next Story
Infrastructure Urban

CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes

Kant has urged the infrastructure ecosystem to design contractual and institutional frameworks that identify and address concerns early through communication and dispute-avoidance mechanisms.Chief Justice of India Surya Kant has urged India’s infrastructure ecosystem to move from retrospective justice to preventive justice, as the country undertakes projects at an unprecedented scale. Speaking at global engineering body FIDIC’s Global Infrastructure Conference 2026 in New Delhi, Kant said the true measure of a justice system’s success lies in ensuring mechanisms around infrastructure pro..

Next Story
Infrastructure Urban

Madhya Pradesh Secures Rs 530 Billion in Investment Proposals

Rupee (Rs) 530 billion (bn) in investment proposals were received by Madhya Pradesh on the third day of Chief Minister Mohan Yadav's visit to the United Arab Emirates, with major interest in green energy, artificial intelligence, data centres and advanced manufacturing. The delegation held engagements in Dubai and Sharjah to promote projects and secure commitments from global investors. State officials said the proposals represent a significant pipeline for industrial expansion and technology infrastructure. Rana Holdings Limited proposed a portfolio including a 2,000 MW solar energy project a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code