The speedy enlargement reinforces India’s place as one of many emirate’s most vital financial companions and highlights Abu Dhabi’s enchantment as a worldwide hub for enterprise and funding.
The Chamber recorded 3,375 new Indian firm memberships in 2024, representing an annual improve of 31.1 per cent.
Indian firms in Abu Dhabi
Membership of Indian firms achieved a compound annual development fee of 38.4 per cent between 2019 and 2024, underscoring the arrogance Indian enterprises place within the emirate’s funding panorama.
The acceleration follows rising financial cooperation between Abu Dhabi and India for the reason that Complete Financial Partnership Settlement (CEPA) got here into impact in 2022, creating new alternatives for commerce facilitation, capital flows and collaboration throughout rising sectors.
Shamis Khalfan Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber of Commerce and Business, stated: “The speedy improve in Indian firm memberships displays rising confidence within the energy of our economic system and the readability of Abu Dhabi’s funding proposition.
“It additionally demonstrates the belief of Indian companies within the emirate’s superior infrastructure and its means to offer prime quality alternatives for development and regional enlargement. Abu Dhabi is consolidating its standing as a worldwide hub for enterprise and funding.”
He affirmed India’s place as a trusted commerce and funding companion and stated the continued implementation of CEPA, along with strategic initiatives, will assist development in rising sectors, superior industries, biotechnology, power, meals and water.
Abu Dhabi Chamber of Commerce
Indian firms in Abu Dhabi function throughout a variety of industries. Wholesale and retail commerce accounts for 45 per cent of memberships, adopted by 14 per cent in development, with rising participation in administrative companies, hospitality, skilled and technical companies, manufacturing, transport, info expertise and actual property.
This range emphasises Abu Dhabi’s competitiveness as a diversified and resilient economic system.
The momentum is aligned with a broader surge in bilateral exercise. In 2024, non-oil commerce between Abu Dhabi and India rose 94 per cent, supported by increasing alternatives for firms on either side.
Ali Mohamed Al Marzooqi, Director-Basic of the Chamber of Commerce and Business, stated: “Indian enterprises are integral to Abu Dhabi’s development story. The rise in memberships is a transparent vote of confidence in our professional enterprise insurance policies, trendy infrastructure and open entry to regional and international markets.
“Via the Chamber we offer built-in companies that flip ambition into motion; from firm arrange and licensing to requirements and certification, provider growth, export readiness and partnership platforms. We welcome extra Indian firms to construct from Abu Dhabi and scale with confidence.”
The Chamber stated it stays dedicated to supporting Indian firms as they develop operations and diversify investments within the emirate, offering a spread of companies and market entry programmes that strengthen the emirate’s place as a premier international vacation spot for enterprise.
