As the two fastest-growing economies with strong trade and investment ties, the UAE and India continue to deepen their strategic partnership. Their shared focus on sustainable development and innovation was reaffirmed during a high-level meeting in Dubai, where leaders from both countries explored new opportunities for collaboration across key economic sectors.

H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy and Tourism, met with H.E. H. D. Kumaraswamy, India’s Minister of Steel and Heavy Industries, and his accompanying delegation at the Ministry’s headquarters in Dubai.

Discussions centered on strengthening cooperation in the new economy, logistics, advanced technology, manufacturing, and the food industry.

H.E. Bin Touq highlighted the strength of UAE-India relations. “The two nations enjoy a decades-long history of economic collaboration built on shared interests and a common vision for sustainable growth,” he said.

He highlighted the alignment of national priorities in key areas, including the circular economy, healthcare, tourism, entrepreneurship, and innovation.

“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 percent 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,” H.E. Bin Touq added.

The UAE’s supportive regulatory environment and robust manufacturing sector, which contributed 13.5% to the non-oil GDP and $10.9 billion in foreign direct investment, were also highlighted.

Both sides discussed how Indian companies can leverage the UAE’s strategic location, advanced infrastructure, and tax incentives. They also emphasized the importance of strengthening public-private partnerships to accelerate innovation and build a knowledge-based economy.