His Excellency Abdullah bin Touq Al Marri, the Minister of Economy and Tourism, welcomed a ministerial delegation from Andhra Pradesh, which included N. Chandrababu Naidu, the Chief Minister of the state; T.G. Bharath, the Minister of Industries, Commerce and Food Processing; P.C. Janardhan Reddy, the Minister of Investments and Infrastructure; and Satish Kumar Sivan, the Consul General of India in Dubai, along with several other state officials.
Both parties explored opportunities to enhance economic partnerships in various sectors of mutual interest, focusing on new economies, tourism, entrepreneurship, small and medium enterprises, industry, technology, investment, food, agriculture, circular economy, and innovation.
Continuous Growth
His Excellency Abdullah bin Touq Al Marri emphasized that the UAE and India share strategic economic, investment, and cultural ties, as guided by the vision of leadership in both countries. This relationship is characterized by ongoing growth, which has strengthened economic collaboration in several vital sectors within both markets.
He stated, “India is a strategic economic partner for the UAE. We are committed to continuing our cooperation with our partners in the Indian government within sectors of mutual interest, contributing to the solid foundation of our comprehensive economic partnership and supporting the growth and sustainability of both economies.”
He noted that Andhra Pradesh presents promising opportunities in advanced economic sectors, paving the way for new partnerships between government and private sectors.
The discussions included mechanisms to enhance communication and collaboration between the business communities of the UAE and India, creating additional opportunities in various vital economic and investment fields, in line with both sides’ future aspirations for a more comprehensive and sustainable economic partnership.
Fruitful Partnerships
In this context, he reviewed several economic policies and measures the UAE has taken to boost the business environment and continue its economic openness to the world, fostering fruitful economic partnerships in key regional and global markets, and enhancing the attractiveness of the UAE market for new economy projects and companies while supporting the competitiveness of the legislative and economic environment, especially regarding allowing 100% foreign ownership of businesses.
Additionally, His Excellency Abdullah bin Touq discussed the Ministry of Economy and Tourism’s vision for developing an economic cluster for food, which integrates agricultural production, food industries, and modern agricultural technologies into a cooperative and integrated system.
This initiative creates promising economic opportunities for businesses and investors, particularly as it aims to increase the food sector’s contribution and all related activities to the state’s GDP.
It is noteworthy that the total number of new Indian companies entering the UAE market reached 22,415 during the first half of 2025, marking a growth of 10% compared to the same period in 2024. The total number of Indian companies in the UAE stood at 264,687 by the end of the first half of 2025.
Abdullah bin Touq
We will continue our collaboration with our partners in India within areas of mutual interest.