+
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
Building Material

Hard Worker Wins Three Honours at Kyoorius Design Awards

The Ramco Cements Limited’s construction chemicals brand, Hard Worker, has won three honours at the Kyoorius Design Awards 2026, including the Grand Prix – Grey Elephant in the Design in Action category.The brand also secured two Blue Elephant honours, one for Design in Action and another for Packaging, recognising the design approach behind its brand identity and packaging.Launched in 2025, Hard Worker entered the construction chemicals segment with the brand promise, “Hard-working products for hardworking people.” Its visual identity uses animals and birds to represent product benefi..

Next Story
Infrastructure Transport

Kopri-Patni Creek Bridge to Improve Thane-Navi Mumbai Connectivity

Road connectivity between Thane and Navi Mumbai is set to receive a boost with the proposed six-lane Kopri-Patni Creek Bridge, which will provide a new route across Thane Creek. The project is intended to create a direct link between the two urban centres and add capacity to the region’s road network. The bridge will connect Kopri in Thane East with Patni in Navi Mumbai. It will begin at Mith Bandar Road in Kopri, about 750 metres from Thane railway station, cross Thane Creek and land near Airoli Knowledge City Road in Navi Mumbai. The project has advanced with Akshya Infra Projects emerging..

Next Story
Infrastructure Urban

Bengaluru Cuts Unaccounted-for Water to 26.5 Per Cent

The Bengaluru Water Supply and Sewerage Board (BWSSB) has reduced unaccounted-for water from nearly 51 per cent in 2013 to 26.5 per cent in 2025, improving efficiency across a metropolitan region of 14 mn people. The reduction has saved nearly 200 mn litres of water a day without requiring equivalent additional capacity. Bengaluru depends primarily on the Cauvery river system, with water transported over 100 km to the city. BWSSB operates six major treatment plants with combined installed capacity of 2,293 MLD and supplies nearly 150 litres per person per day. The Cauvery Water Supply Scheme S..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code