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India-UAE CEPA Gains Speed—Trade, Jobs, and Innovation on the Rise

Updated: July 08, 2025 17:32

Image Source: Manorama Yearbook
United Arab Emirates-India Comprehensive Economic Partnership Agreement (CEPA) continues to unveil fresh opportunities for bilateral cooperation, with fresh opportunities for trade, investment, and innovation arising each year. As it has been operational since May 2022, the CEPA has evolved as an active framework for achieving win-win situations in various sectors.
 
Key Developments and Trade Implication
  • - In 2022, non-oil bilateral trade rose 10% above the previous year to USD 49 billion
  • - Indian exports to the UAE grew by 26%, re-exports by 10%, which shows the UAE cemented its position even more as a trade facilitator
  • - Over 11,000 fresh Indian firms joined the Dubai Chamber of Commerce in 2022, bringing the total to 83,000
Strategic Investments and Partnerships
  • - UAE private sector has already invested USD 2.5 billion in renewable energy, logistics, retail, and food processing projects in Uttar Pradesh and will generate 20,000 jobs
  • - Ducab Group opened a regional office in Bengaluru to serve India's construction and energy sectors
  • - Collaborative efforts include sustainable food parks, green energy ventures in Gujarat, and technology accelerators for Indian start ups
Future Vision and Economic Outlook
  • - CEPA is establishing virtual trade corridors, greater SME collaboration, and potential Abu Dhabi Investment Authority presence in GIFT City
  • - It is expected to contribute to the realization of USD 100 billion of non-oil trade every year by 2030
  • - The two nations are employing CEPA to address the new global economic trends with Asia as the core
Sources: Gulf News, UAE-India CEPA Council, Ministry of Commerce India, Farmerp.

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