The number of Indian companies in “Dubai Multiple Commodities” grows by 7%

The Dubai Center for Multiple Commodities announced today, that more than 260 new Indian companies have joined its international free area over the past twelve months, bringing the total number of Indian companies registered with him to approximately 4,000 companies.

This announcement came during the promotional tour by the center in India this week, which included prominent businessmen in Mumbai and Hyderabad.

The center recorded a 7% remarkable annual growth in the number of Indian companies, which today represents about 16% of the total base of companies registered in its free area.

According to a press release issued today, in light of the noticeable growth in the volume of bilateral trade between the Emirates and India, which amounted to 85 billion dollars during the year 2024, the Dubai Multiple Commodities Center highlighted the pivotal role of deepening economic relations between the two countries in re -drawing the features of the regional trade scene, supported by the comprehensive economic partnership agreement concluded between the two countries in 2022.

In this context, the center sent its call to Indian companies to seize the promising opportunities provided by the agreement, confirming its firm commitment to attracting a new wave of Indian investments and businesses to the Emirate of Dubai.

The businessman witnessed the presence of senior business leaders, government officials and representatives of the various sectors, as they discussed the prospects for trade and investment through the Dubai Center for Multiple Commodities.

Discussions reflected the strategic position occupied by Dubai as a major gateway to Indian companies looking to expand internationally.

The growing volume of bilateral trade

Ahmed bin Salim, the first CEO and Executive Director of the Dubai Center for Multiple Commodities, said that the bilateral relations between the UAE and the Republic of India are witnessing a new articulated stage, embodied in the historical visit recently by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, to India, and in light of the growing volume of bilateral trade between the two countries, which exceeded 85 billion dollars, the next stage is the next stage It will witness an accelerated expansion through a number of vital sectors, including investments, services, infrastructure, technology and food security, and this stage paved the way for building an advanced model for regional cooperation and expanding the horizons of trade cooperation between the two countries.

He added that with the growing trade relations between the UAE and India, the center continues to enhance the value provided through its business system, in a manner consistent with the pillars of the Indian economy, starting from material goods, and through high -value services, to advanced technologies, pointing out that through these efforts, the position of the center is strengthened as a favorite destination among the Indian companies that look forward to establishing its business in the Emirate of Dubai.

The two actors were held in cooperation with the Federation of Industry Industries and the Chamber of Commerce and Industry in Telangana, where they highlighted the prospects for extensive opportunities for Indian companies that look forward to simplifying their operations and activities through supply chains and entering a number of the fastest growing international markets.

This last visit to India comes as part of a “find for trade” tour organized by the Dubai Center for Multiple Commodities around the world, which includes strategic markets that represent promising opportunities to enhance trade and investment cooperation.

The center currently includes more than 25,000 registered companies, and contributes 15% of the total annual foreign investment flows in the Emirate of Dubai.