Post by : Bianca
Haleem
Dubai: Dubai Chambers has held high-level discussions with the Confederation of Indian Industry (CII) to further strengthen trade and investment ties between Dubai and India. The meeting concluded with both sides agreeing to develop a comprehensive joint action plan aimed at expanding business cooperation across key sectors.
The meeting was led by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Chandrajit Banerjee, Director-General of CII, along with senior officials from both organisations. Discussions focused on outlining the core pillars of the proposed action plan, with the objective of enhancing bilateral trade and investment flows.
Lootah highlighted the strong economic relationship between Dubai and India, noting that longstanding ties provide a solid base for unlocking new high-value opportunities. He emphasized that these relations create favorable conditions for deeper collaboration between private sector companies in both markets.
He further reaffirmed Dubai Chambers’ commitment to supporting Indian businesses by offering integrated services that help them leverage Dubai’s position as a global business hub. He added that the emirate continues to provide a strategic platform for Indian investors and entrepreneurs seeking regional and international expansion.
The partnership between Dubai Chambers and CII will focus on future-oriented sectors, including the digital economy—particularly fintech, medtech, healthtech, and agritech—alongside education, agriculture, and food industries. These sectors are expected to drive the next phase of growth in bilateral relations.
Notably, both organisations had signed a Memorandum of Understanding in April last year to enhance cooperation and support shared economic growth. The agreement established a structured framework to facilitate collaboration and assist Indian companies in setting up and expanding their operations in Dubai.
This latest development marks another significant step in strengthening economic cooperation between Dubai and India, reinforcing their commitment to building a dynamic and mutually beneficial trade partnership.
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