India and the United Arab Emirates have old civilizational, cultural and economic ties which have always drawn the people of the two countries together. In contemporary times, the two nations have been brought together by substantial energy and economic links and the presence of the three million-strong Indian community that has made a significant contribution to UAE’s success story as business persons, professionals, technicians and blue-collar workers.
In the recent years, India and the UAE have entered into a comprehensive strategic partnership. Significantly, India is UAE’s gateway to Asia, while UAE is the 2nd largest export hub for India. With the UAE reflecting its desire to invest 75 billion dollars in India, there is a wide scope for Indian companies to leverage on that. India and the UAE have signed a number of agreements and MoUs in areas of mutual interests, including trade and investment. Both the countries have much to offer and benefit from each other. Civil aviation, healthcare, education, tourism and e-commerce are sectors which offer a lot of scope and potential for both the economies to prosper.