Money and business

A government delegation from Sharjah visits India to explore new opportunities for economic partnerships and cooperation

Sharjah, 18 February / WAM / The Department of Government Relations organized an official working visit to the Republic of India with the participation of a number of the emirate’s bodies and institutions, in cooperation with the Sharjah Foreign Direct Investment Office (Invest in Sharjah) and the Confederation of Indian Industries, with the aim of strengthening economic partnerships between the business communities in Sharjah and India and exploring opportunities for cooperation and investment in development sectors, which include technology, services, industry and culture.

In addition to Sheikh Fahim Al Qasimi, Head of the Department of Government Relations, the official delegation included His Excellency Mohammed Juma Al Musharrakh, Executive Director of Invest in Sharjah, Marwan Saleh Al Ajla, Director of the Office’s Investment Promotion and Support Department, Saif Mohammed Al Suwaidi, Director of the Sharjah Publishing City Free Zone, and Mohammed Bani Hammad, Director of Business Development and Marketing at the Sharjah Research, Technology and Innovation Park.

The visit comes in the context of the growing economic relations between Sharjah and various Indian cities and provinces, as Indian investments have contributed to creating more than 3,600 jobs over five years, while the value of Indian investors’ transactions in the real estate sector in Sharjah reached 6.1 billion dirhams during the first nine months of 2025, which confirms the growing confidence in the investment environment in the emirate and its attractiveness to international investors.

The visit included the cities of Chennai and Ahmedabad, where the delegation held an extensive business forum in cooperation with the Confederation of Indian Industries. It was received by Ajit Chordia, head of the Chennai region in the federation and CEO of the Olympia Group, Sunil Dev, coordinator of the International Trade and Cooperation Committee in the Federation and president of BC Instruments in Ahmedabad, along with a number of senior representatives of the industrial and investment sector in the city.

Sheikh Fahim Al Qasimi stressed that the visit to the cities of Chennai and Ahmedabad comes within the framework of strengthening the direct economic partnership with the Indian business community, noting that the dynamic industries in the two cities, from automobiles and engineering to technology and manufacturing, reflect the same ambition that we see in Sharjah, which makes Chennai and Ahmedabad a natural partner for expanding investment and long-term economic cooperation.

For his part, His Excellency Mohammed Juma Al Musharrakh explained that the economic partnership between Sharjah and India is based on long-term strategic foundations, pointing out that today about 45,786 Indian companies operate in the free zones and the mainland of Sharjah, which reflects a strong, reliable and mutually beneficial partnership between the two business communities.

He added: These companies do not only represent financial investments, but rather contribute to innovation, workforce development, and strengthening Sharjah’s connection to global markets, noting that this visit aims to transform existing relations into implementable opportunities and enhance the long-term partnership between the business communities between the two sides.

For their part, representatives of the Confederation of Indian Industries in Chennai and Ahmedabad confirmed that the visit of the Sharjah delegation reflects the strength of economic relations between the two sides and constitutes a practical platform for enhancing cooperation in industrial and technological sectors of common interest.

They pointed out that the Comprehensive Economic Partnership Agreement between India and the UAE contributed to creating a more open and stable environment for trade and investment, which opens broader horizons for Indian companies to expand regionally through Sharjah as a strategic gateway to the Middle East and African markets.

The two stops of the visit in the cities of Chennai and Ahmedabad witnessed the holding of two specialized discussion sessions entitled “Investment Opportunities in Sharjah”, in which Marwan Saleh Al Ajla, Saif Mohammed Al Suwaidi and Mohammed Bani Hammad participated, where they reviewed the competitive advantages of the emirate and the prospects for cooperation in the sectors of industry, technology, logistics services and creative industries as a strategic platform for growth and expansion in regional and global markets.

During the two sessions, the speakers reviewed indicators of Indian investor confidence in Sharjah, noting the implementation of more than 100 investment projects worth approximately $3 billion during the year 2025, in light of an air connection exceeding 110 weekly flights between Sharjah and Indian cities, which enhances trade movement and the expansion of small and medium-sized companies. They also addressed the growing interest of Indian publishers in investing in the emirate, in addition to the advanced environment provided by the Sharjah Research, Technology and Innovation Park that enables Indian companies to access the markets of the Middle East and Africa.

In addition to the forum, the delegation held a series of bilateral meetings with industrial and technological companies in the city that focused on opportunities for cooperation in advanced industries, digital transformation, research and development, and smart solutions, in a way that supports Sharjah’s move towards a knowledge-based economy.

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