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Business
India-UAE Trade Projected to Hit $200 bn by 2032, BRICS Investment to Boost Ras Al Khaimah Zone
✍️ The Economic Times
🗓 14 Sep 2026, 03:46 AM
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The Economic Times reports that bilateral trade between India and the United Arab Emirates is expected to reach $200 billion by 2032, with BRICS nations poised to channel investment into Ras Al Khaimah’s economic zone.
India and the United Arab Emirates are on track to expand their bilateral trade to $200 billion by the end of the next decade, according to a report by The Economic Times. The projection reflects a steady rise in goods and services exchange since the two economies deepened ties in recent years.
Analysts attribute part of the growth to the anticipated inflow of capital from the BRICS bloc. Member countries are expected to explore joint ventures and financing options that could accelerate infrastructure and industrial projects linked to the trade corridor.
A focal point of this investment drive is the Ras Al Khaimah Economic Zone, which the UAE government has positioned as a gateway for Indian businesses seeking regional footholds. The zone offers tax incentives, streamlined customs procedures, and proximity to major shipping lanes.
If the target is met, the expanded trade volume could reshape supply chains, create jobs in both nations and reinforce the strategic partnership that has deepened since the signing of the Comprehensive Economic Cooperation Agreement.
Analysts attribute part of the growth to the anticipated inflow of capital from the BRICS bloc. Member countries are expected to explore joint ventures and financing options that could accelerate infrastructure and industrial projects linked to the trade corridor.
A focal point of this investment drive is the Ras Al Khaimah Economic Zone, which the UAE government has positioned as a gateway for Indian businesses seeking regional footholds. The zone offers tax incentives, streamlined customs procedures, and proximity to major shipping lanes.
If the target is met, the expanded trade volume could reshape supply chains, create jobs in both nations and reinforce the strategic partnership that has deepened since the signing of the Comprehensive Economic Cooperation Agreement.