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7/9/25, 5:00 PM UAE and India explore avenues for enhancing economic and industrial collaboration during the upcoming stage
cent to the UAE’s non-oil GDP in 2024, ranking as the second on the list of economic activities
contributing most to the non-oil GDP of the national economy. Additionally, the foreign direct
investment (FDI) in this vital sector reached approximately AED 40 billion (USD 10.9 billion) by the
end of 2022, representing 7 per cent of the country’s total FDI inflows.

The meeting also explored the key enablers and competitive advantages of the UAE’s business
environment for Indian companies, along with strategies to maximize these benefits. Among the

highlighted strengths were the UAE’s strategic location connecting East with West, its comprehensive
economic partnerships, advanced infrastructure, diverse logistics services, and tax incentives that
encourage the establishment of diverse economic and investment activities.

Both sides emphasized the importance of enhancing collaboration between the public and private
sectors to facilitate the exchange of expertise and best practices, aimed at adopting latest technologies
across sectors related to the new economy. This supports the building of a knowledge-based,

technology-driven economy and fosters sustainable economic development.

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