PC: Zawya
In Dubai Chambers headquarters, it met with discussions to improve relations between Dubai and India in terms of trade and investment. His Excellency, Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, met with His Excellency Sunjay Sudhir, the Ambassador of the Indian Republic in the United Arab Emirates. The meeting underscored and revealed the importance of strong economic relations between the two regions and the possibility of expanding the bilateral cooperation between the two sides in several fields.
According to Al Mansoori, Indian companies are first in terms of the number of foreign businesses in Dubai, stressing the importance of Indian companies in the rise of all Dubai business sectors. He reiterated Dubai Chambers’ dedication to assisting the Indian business community to achieve further growth across various sectors and aid in entering promising global markets while transitioning from its location in Dubai. They also discussed the important part played by the Indian Business Council, a key Dubai Chamber of Commerce branch, in strengthening rules of ordinance between India and Dubai.
The two sides talked about potential ways of cooperation in the arena of information technology including logistics and aviation. World Logistics Passport is a concept that will help to improve global trade flows and reduce costs while shortening logistics service timelines. The logic of this initiative is to explore new gateways for members to gain access to global market opportunities in line with Dubai’s solid position as a leading global trade and investment hub.
It also discussed the viable Indian entrepreneur growths in Dubai, which can be an entry point to expand into international markets. As a significant asset in helping Indian businesses achieve their regional and international expansion, they pointed out the extensive network of Dubai International Chamber’s 33 representative offices worldwide. More importantly, the representative office in Mumbai specifically helps attract Indian investments and offers assistance to Dubai-based companies for expansion in India.
The meeting also stressed that Dubai is a preferred trade and investment destination for Indian businesses and entrepreneurs. Of note, Indian companies filled a large slice of new memberships in the Dubai Chamber of Commerce in 2024 where Indian companies had 16,623 new companies to the chamber. It is indicative of the upsurge in stocks in the Dubai – India context and future prospects of enhanced cooperation.
Finally, the talks between Dubai Chambers and the Indian ambassador to the UAE depicted a solid endorsement of the cool of trade and investment relations centred on the exploitation of Dubai’s strategic position as a worldwide business centre. These areas have been emphasized in cooperation, specifically in information technology, logistics and aviation, which attest to the common benefits of bilateral consolidation.
