UAE sovereign wealth funds and companies are actively evaluating India, with senior leadership teams visiting throughout the year and more significant investment announcements expected soon, according to UAE official Alhawi.
$25.6 billion has flowed from the UAE into India since 2000, making it the source of about 70% of all Gulf investment into the country.
$100 billion in bilateral trade has already been crossed, and both governments are targeting $200 billion by 2032 as businesses press ahead despite Middle East tensions that UAE officials describe as temporary.