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7/9/25, 5:01 PM UAE and India explore avenues for enhancing economic and industrial collaboration during the upcoming stage - Middle East News …

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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