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Dubai: India's Strategic Gateway to Africa and Europe
Dubai: India's Strategic Gateway to Africa and Europe

Fashion Value Chain

time17-05-2025

  • Business
  • Fashion Value Chain

Dubai: India's Strategic Gateway to Africa and Europe

Dubai Can Be India's Strategic Gateway to Access African and European Markets Dubai's rise as a global trade and logistics hub is proving pivotal in strengthening India's global outreach. At the recent International Business Roundtable hosted at the World Trade Center Mumbai, industry leaders underscored the immense potential of Dubai as a gateway for Indian exports to Europe and Africa. Dr. Vijay Kalantri, President of the All India Association of Industries (AIAI) and Chairman of WTC Mumbai, stated, 'The UAE is a key strategic partner for India and central to the India-Middle East-Europe Economic Corridor.' With bilateral trade between the two nations touching USD 84.8 billion, the UAE stands as India's third-largest trading partner. Dubai: A Re-export and Investment Hub Dubai's role as a commercial and logistics hub was highlighted as central to India's export strategy. 'It is a vital re-export center for Indian goods like textiles, electronics, gems and jewellery, and food products,' said Dr. Kalantri. The city's business-friendly environment — including simplified tax regimes, 100% foreign ownership in most sectors, and robust free zones — continues to draw Indian investors. India, in turn, has emerged as a significant destination for UAE investment, with a cumulative inflow of USD 23 billion. Sectors like real estate, energy, infrastructure, private equity, and financial services have seen deepening India-UAE collaboration. Aligning Synergies for Growth The roundtable aimed to align cross-border synergies and scale up business momentum. While Dubai's interest in the Indian market is clear, Dr. Kalantri noted that actual investments must gain pace to fully capitalize on the opportunity. He cited Indian participation in Dubai-hosted expos and the growing presence of Dubai-based investors in Indian summits as encouraging signs. 'India is poised to become a USD 5 trillion economy. Dubai can help catalyze this growth by enhancing access to global markets and supporting sectors like clean energy, digital trade, logistics, and innovation,' he added. Dubai Chamber: Accelerating Global Access Representing the Dubai Chamber of Commerce, Mr. Abhijitsinh Jadeja, Chief Representative – India, emphasized Dubai's growing relevance. 'With its diversified economy, world-class infrastructure, and robust logistics, Dubai serves as a perfect launchpad for Indian enterprises aiming for the Middle East, Africa, and Europe.' The India-UAE Comprehensive Economic Partnership Agreement (CEPA) has further boosted trade, unlocking opportunities in textiles, food processing, electronics, and services. 'Dubai's D33 Economic Agenda and its focus on digital transformation, AI, fintech, and clean energy create immense potential for Indian startups and SMEs to scale globally,' Mr. Jadeja noted. The Dubai Chamber's India office actively facilitates bilateral business, offering market intelligence and expansion support to Indian enterprises. Conclusion: A Strategic Leap Forward As India strengthens its global economic footprint, Dubai is emerging not just as a transit point but as a long-term strategic partner. The synergy between India's high-growth potential and Dubai's enabling ecosystem offers a robust foundation for deeper trade ties, innovation-driven collaboration, and mutually beneficial investments.

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