Trade & Investment

The stronger political ties between the UAE and India have led to deeper economic collaboration between both the countries.
In the recent years, the commercial relationship between the UAE and India has matured significantly. With robust flow of investments and an annual bilateral trade of about $60 billion, the UAE is India’s third-largest trade partner for the year 2018-19 after China and US. Moreover, UAE is the second largest export destination of India (after US) with an amount of over US$ 30 billion for the year 2018-19.
For UAE, India was the second largest trading partner during 2018 with US$ 36 billion (non-oil trade). Recently as per reports India & UAE set $100bn trade goal for next 5 years (2022)
UAE and Indian companies are actively involved in pursuing investments and projects in both the economies. Major UAE companies including DP World, Etihad, FAB, Emirates NBD, Sharaf Group, Emaar, ADNOC, etc. have been operating in India and have undertaken many mega projects and investments in the country. Similarly, many Indian companies have equally established a strong footprint in the UAE.