22,415 new Indian companies entered the UAE market during the first half, with a growth of 10%
Abu Dhabi on July 1 / WAM / His Excellency Abdullah bin Touq Al -Marri, Minister of Economy and Tourism, held a meeting with His Excellency HD Kumarasuami, Indian Minister of Steel and Heavy Industries, and his accompanying delegation at the headquarters of the Ministry of Economy in Dubai today.
The two sides discussed ways to enhance cooperation opportunities in the economic and industrial fields of mutual interest between the UAE and the friendly Republic of India during the next stage, especially the new economy, logistical transport, advanced technology, manufacturing and food industries.
Ibn Touq stressed that the Emirati Indian relations are historical and strategic in various fields and are characterized by a march extending for decades of economic cooperation based on mutual interests, in light of the support and vision of the rational leadership in the two friendly countries, indicating that the two countries possess common denominators in visions and strategies aimed at expanding in future economic sectors such as the circular economy, advanced industrialization, tourism, health care and entrepreneurship Innovation and technology.
He stressed that economic cooperation between the UAE and India is witnessing continuous growth, and the total number of new Indian companies that entered the UAE markets reached 22,415 companies during the first half of the current year and an increase of more than 10% compared to the same period in the year 2024, while the total number of Indian companies in the UAE market reached 264,687 companies by the end of the first half of the year 2025.
He said: “We discussed at the meeting the mechanisms of enhancing communication between the UAE and Indian business community and stimulating the establishment of various projects in many vital economic fields.”
His Excellency pointed out that the state has a flexible and competitive economic environment that motivates industrial investments from all over the world, especially since the manufacturing sector has reached its contribution to the state’s total non -oil GDP to 13.5% during the year 2024, as it came second in the list of the most contributed economic activities in the gross non -oil GDP of the national economy, as the value of Foreign investment directly in this vital sector is approximately 40 billion dirhams (10.9 billion dollars) at the end of 2022, which constitutes 7% of the total foreign direct investment received to the state.
The meeting touched on the possibilities and benefits provided by the Emirati business climate for Indian companies and how to benefit from them, including a strategic geographical location linking the east of the world to its west, a comprehensive economic partnership, advanced infrastructure, multiple logistical services, and encouraging tax facilities to establish various economic and investment activities.
The two parties stressed the importance of enhancing cooperation at the level of the governmental and private sectors in exchanging experiences and best practices aimed at adopting technology and modern technologies in various sectors related to the new economy sectors in order to support building a knowledge economy based on innovation and enhancing sustainable economic development.
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