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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 - Middle East Busine…
sectors. “The two nations enjoy a decades-long history of economic collaboration built on
shared interests, and a common vision for sustainable growth,” H.E. said.

H.E. further highlighted significant areas of alignment in both countries’ development

strategies, including the circular economy, advanced manufacturing, tourism, healthcare,
entrepreneurship, innovation, and technology.

H.E. Bin Touq said, “Economic collaboration between the UAE and India continues to

strengthen, with notable growth in business activities. In the first half of 2025 alone, 22,415
new Indian companies entered the UAE market, an increase of over 10 per cent compared to
the same period in 2024. By the end of June 2025, the total number of Indian companies

operating in the UAE reached 264,687. During the meeting, we discussed strategies to enhance
communication between business communities of the two countries and to encourage the

establishment of diverse ventures across vital economic sectors.”

H.E. noted that the UAE has an adaptable and competitive legislative and economic
environment that stimulates industrial investments across the world. The manufacturing sector

contributed 13.5 per 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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