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INDIA U.A.E.

TRADE RELATIONS

PRESENTED BY
TANISHA KALRA
08351

Introduction

Economic and Commercial cooperation with the UAE is a key aspect of


overall bilateral relationship. The traditionally close and friendly IndiaUAE bilateral relationship has evolved into a significant partnership in
the economic and commercial sphere.

Indians have emerged as important investors within the UAE and India
as an important export destination for the UAE manufactured goods.

India-UAE trade, valued at US$ 180 million per annum in the 1970s, is
today around US$60 billion making UAE, Indias third largest trading
partner for the year 2014-15 after China and US.

Moreover, UAE is the second largest export destination of India with an


amount of over US$ 33 billion for the year 2014-15.

For UAE, India is the largest trading partner for the year 2014 with an
amount of over US$ 28 billion (non-oil trade).

India also imported 16.00 MMT of crude oil from UAE in 2014-15.

India-UAE bilateral trade for the last


five years
(Value in US$ Million)

Indias Top 10 Imports from


UAE

Indias Top 10 Exports to


UAE

Bilateral Agreements

MoU to hold Regular Political Consultation signed in June 2011


Security Cooperation Agreement signed in November 2011
Agreement on transfer of Sentenced Persons signed November 2011
Agreement on Cooperation and Mutual Assistance in Custom Matters
signed April 2012.
MoU on the establishment of a Joint Committee for Consular Affairs
signed April 2012.
Bilateral Investment Promotion and Protection Agreement(BIPPA) signed
December 2013
Air Services Agreement between India and the UAE signed on January
2014
MoU on Renewable Energy Cooperation signed in January 2014
MoU in the field of Tourism signed during the 11th Session of India-UAE
Joint Committee Meeting held in New Delhi from September 2-3, 2015.
MoU on cooperation in Higher Education & Scientific Research signed
during the 11th Session of India-UAE Joint Committee Meeting held in
New Delhi from September 2-3, 2015.
MoU on Telecom Regulatory Authorities of India and UAE signed during
the 11th Session of India-UAE Joint Committee Meeting in September 23, 2015.

Recent Discussions
Enhance cooperation in counter terrorism, intelligence sharing and
capacity building.
Promote cooperation in cyber security.
Establish a dialogue between the national Security Advisors and the
national Security councils.
Cooperate in maritime security and strengthen defence relations
Further promote trade between the two countries, with the target
of increasing trade by 60% in the next five years.
Agreed to the establishment of UAE-India Infrastructure Investment
Fund, with the aim of reaching a target of USD 75 billion.
Promote strategic partnership in the energy sector, including
through UAEs participation in India in the development of strategic
petroleum reserves, upstream and downstream petroleum sectors,
and collaboration in third countries.
Promote cooperation in Space, including in joint development
and launch of satellites, ground-based infrastructure and
space application.
Cooperate in peaceful uses of nuclear energy including in areas
like safety, health, agriculture and science and technology.
Cooperate in manufacture of defence equipment in India.

Investments from UAE in


India

Dubai Ports World: Dubai Ports (DP) World operates at: Nhava Sheva
International Container Terminal Private Limited, Chennai Container Terminal
Private Limited and India Gateway Terminal at Cochin. The Rajiv Gandhi Container
Terminal in Vallarpadam, developed and operated by Dubai Ports World is the first
International Container Trans-shipment Terminal in India. On 1 November 2012, DP
World won the contract to build and operate a single berth terminal facility at
Nhava Sheva, Mumbai. The US$ 200mn worth facility expected to be operational in
2015 will have an annual handling capacity of 800,000 TEUs.

RAK ceramics : RAK ceramics, a USD 1bn global conglomerate has the largest
vitrified tile manufacturing plant in Samalkot in Andhra Pradesh(India).

Emaar MGF: Emaar MGF Land Limited is a joint venture between Dubai based
Emaar Properties and MGF developments of India. The company commenced
operation in India in February, 2005 and is into real estate development with a pan
India presence and operations spanning all key segments of the India real estate
industry.

TECOM: TECOM investment was established in the year 2005 to build, manage
and develop the business parks vertical under Dubai Holding. TECOM business
Parks comprises of 10 business parks under five industry clusters across the
information and communication technology (ICT), media, education, sciences, as
well as manufacturing and logistics sectors. SmartCity Malta and Smart City Kochi

Major Indian Companies in


Dubai & Northern Emirates

Many leading Indian companies and banks have an important presence in


Dubai. For example, L & T, HCL Infosystems, Nagarjuna Construction
Company Limited, Hinduja Group, Danube, Sobha Group, Indian Oil
Corporation, Reliance Industries, Essar Group, State Bank of India, IDBI Bank,
Union Bank of India, Indian Overseas Bank, HDFC, ICICI, Axis Bank, etc.

RAKFTZ is home to a large number of Indian companies operating in diverse


sectors including

Pioneer Cement (USD 105 million investment),

JBF RAK Polyester Chips and Films (USD 100 million),

Eternity Technologies of Al Dobowi Group manufacturing industrial batteries (USD


55 million),

Ashok Leyland Bus/Truck Assembly (USD 50 million),

Mahindra Emirates Vehicle Armoury (USD 25 million),

Dabur India Herbal Products(USD 25 million),

RAK Steel Products (USD 25 million),

Bosco Aluminium Products (USD 10 million), etc.

Exhibitions & Events

Arabplast: The 12th edition of Arab International Plastics & Rubber


Industry Trade Show (Arabplast) was held in Dubai from 10 13 January,
2015. The Indian Pavilion comprised of more than 100 companies
participating under the aegis of the Plastics Exports Promotion Council
(Plexconcil).

Gulfood: The 20th edition of Gulfood, the worlds largest annual


exhibition in food and hospitality was held in Dubai from 8 12
February, 2015. The exhibition hosted over more than 4800 companies and
government organizations from various countries. The Indian pavilion saw
participation of more than 300 companies under the aegis of Agricultural
and Processed Food Products Export Development Authority (APEDA),
Ministry of Food Processing Industries (MoFPI) and trade promotion
councils .

India UAE Medical Partnership: The first edition of India UAE


Exhibition organized by Ministry of Tourism in association with Indian
Consulate, Dubai and FICCI, New Delhi was held in Dubai from 9th 10th
April, 2015 at Hotel Ritz Carlton, DIFC. The exhibition featured leading
multi-specialty hospitals and health care institutions as well as
centers for alternative healthcare like Ayurveda, Yoga, Unani,
Siddha & Homoeopathy. The event was supported by local UAE

THANK YOU

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