Abu Dhabi’s Non-Oil Trade With India Surges 94% In 2024, Says ADDED Chairman

Abu Dhabi India non-oil trade 2024 has witnessed a remarkable surge of 94 percent, underscoring the strengthening economic ties between the two regions, according to Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED).

Abu Dhabi India non-oil trade 2024

Abu Dhabi India non-oil trade 2024 has witnessed a remarkable surge of 94 percent, underscoring the strengthening economic ties between the two regions, according to Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED). The announcement came at the Abu Dhabi–India Business Forum, co-organised by ADDED, the Abu Dhabi Chamber of Commerce, and FICCI, where government and private sector leaders discussed expanding trade and investment.

The Comprehensive Economic Partnership Agreement (CEPA) signed in 2022 has played a crucial role, enabling trade growth of 13.7% in 2023 and a leap to 94% in 2024. Plans aim to deepen mutual investments and co-create future industries in sectors such as food, Agrictech, financial services, advanced manufacturing, digital infrastructure, smart transport, sustainable energy, and healthcare.

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In 2024, UAE’s non-oil trade with India reached Dh240 billion ($65.4 billion), up from Dh199.3 billion ($54.3 billion) in 2023. The momentum continued into 2025, with a 33.9% increase in trade during the first half of the year. UAE investments in India totaled over Dh84.4 billion ($23 billion), securing its position as India’s seventh-largest global investor.

The forum highlighted Abu Dhabi’s pro-investment climate and strategic infrastructure, combined with India’s large market and technological advances, creating a robust corridor for innovation, joint ventures, and job creation. These developments reinforce the UAE-India partnership as a major driver of economic growth and sustainability

David Collins

David Collins

David has a background in corporate strategy and international trade. His articles cover business growth, entrepreneurship, and market trends.

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