Dubai Chambers has efficiently concluded the Dubai–India Enterprise Discussion board in the present day in Mumbai. The occasion was organised on the sidelines of the go to of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Govt Council of Dubai, to India.
The discussion board centered on methods to boost strategic financial alternatives between the 2 markets and was attended by over 200 senior officers and buyers, together with a delegation that includes 39 distinguished enterprise leaders from Dubai.
The occasion comes three years after the signing of the Complete Financial Partnership Settlement (CEPA) between the UAE and India on 18 February 2022 – the UAE’s first bilateral settlement beneath its CEPA programme – and coincides with robust momentum in bilateral relations.
Through the discussion board, contributors explored avenues to boost commerce and funding ties between the enterprise communities in Dubai and India, in addition to figuring out alternatives to launch new joint ventures and strategic partnerships. Discussions centered on the aggressive benefits and financial prospects of each markets, and how one can harness these strengths to drive development in bilateral commerce and investments.
Throughout his opening remarks, His Excellency Ahmad bin Byat, Vice Chairman of Dubai Chambers, commented: “Dubai and India share an distinctive relationship constructed on mutual belief and a dedication to financial integration. India holds an essential place as a key buying and selling accomplice for Dubai. The worth of non-oil commerce between our markets exceeded AED142 billion in the course of the first 9 months of 2024, attaining year-over-year development of 19%. As we mark the third anniversary of the CEPA between the UAE and India, we’re assured bilateral commerce will proceed to speed up and flourish over the long run.”
His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, mentioned: “Dubai holds a strategic place for Indian firms as a most well-liked funding vacation spot as a result of its distinctive aggressive benefits. Indian buyers kind a key a part of Dubai’s enterprise panorama, with 72,651 energetic Indian firms registered as members of the Dubai Chamber of Commerce by the tip of March 2025. As well as, 4,563 new Indian firms joined the chamber throughout Q1 2025, marking year-over-year development of 16.2%. Indian firms now rank first when it comes to the variety of international companies working in Dubai which might be registered as members of Dubai Chamber of Commerce.”
His Excellency added: “Organising the Dubai–India Enterprise Discussion board in Mumbai displays our dedication to strengthening cooperation between the enterprise communities in each markets and figuring out new alternatives throughout a spread of important sectors. The occasion presents a novel platform to deepen financial ties, discover potential joint investments, and look at progressive concepts that help long-term industrial partnerships and mutual growth targets.”
The discussion board included a panel dialogue that includes HE Mohammad Ali Rashed Lootah, along with R Mukundan, Vice President of the Confederation of Indian Trade (Cll); Adeeb Ahamed, Chair of the Federation of Indian Chambers of Commerce & Trade (FICO) – Arab Council; and Anant Singhania, Previous President & Present Managing Committee Member of the IMC Chamber of Commerce and Trade.
The session explored the way forward for Dubai-India relations in commerce, funding, and worldwide enlargement amid international financial shifts. It additionally highlighted Dubai’s position as a strategic launchpad for Indian firms increasing into worldwide markets, and mentioned how companies can profit from Dubai’s place as a number one commerce and funding hub, in addition to methods to strengthen bilateral financial cooperation and improve the worldwide competitiveness of each Dubai and India.
The Dubai-India Enterprise Discussion board contributes to Dubai Chambers’ targets of boosting strategic financial partnerships, enhancing cross-border commerce, and constructing new funding alternatives domestically and globally, in addition to figuring out contemporary avenues for enterprise, commerce, and funding between Dubai and key international markets.
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