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Export: UAE supports India’s outreach to Africa

Fiinews by Fiinews
April 10, 2025
in Exports
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IIM-IIFT campuses being planned in Dubai

Commerce and Industry Minister Piyush Goyal has acknowledged the UAE’s pivotal role in India’s outreach to Africa, investments in logistics and infrastructure, and efforts to build digital and commercial connectivity https://www.commerce.gov.in/.

Addressing the Dubai-India Business Forum organised by Dubai Chambers in Mumbai on 7 Apr, Goyal particularly appreciated the role of DP World in transforming India’s logistics ecosystem.

Referring to the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE as a defining moment, Goyal said, “Our goal to take non-oil trade to US$100 billion is within reach. The speed and scale at which our partnership is growing is truly inspiring http://dubaichambers.com.”

The Minister also spoke of new avenues of collaboration in education. “We have already launched an IIT campus in Dubai and are now planning campuses of Indian Institute of Management and Indian Institute of Foreign Trade. These initiatives reflect our commitment to deeper engagement in education and skill development,” he said https://www.cii.in/.

Goyal encouraged businesses from both countries to tap the immense potential in sectors such as nuclear energy, critical minerals, renewable energy, green hydrogen, fintech, AI, food security, and advanced manufacturing https://fieo.org/.

He said, “This is just the tip of the iceberg. We have many mountains yet to climb, and I’m confident that the leadership and business communities of both nations will continue to inspire even greater achievements https://www.investindia.gov.in/.”

The event was graced by Sheikh Hamdan bin Mohammad Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE. Fiinews.com

Tags: Ministry of Commerce and Industry
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