In the upcoming 2-3 years, the India & UAE trade value is expected to cross $100 Billion mark. This is possible because of the global economic partnership agreement held between India & UAE.
According to the Exim Trade Data, the trade value reached $73 Billion dollars in FY22.
FY21 to FY22, the value has increased by 68% to $73 Billion US Dollars after the huge decline in the last year.
Indian Ministry said that the non-oil trader is still in the favor of India but still India is in the deficit stage of around $17 Billion US Dollars in the year FY22.
The UAE companies that are majorly invested in the Indian market are as follows –
- DP World
- RAK Ceramics.
- Mubadala
- Sharaf Group
- Emaar Properties
- Lulu Group
For more information visit our website Exim Trade Data
Read detailed news about UAE expects trade with India to cross USD 100 bn in 2-3 years
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india uae trade value reached to 100 billion mark in the upcoming 2-3 year