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Dubai-India non-oil trade hits Dh222.5b in 2025, +35% since CEPA

Dubai Chambers has posted a milestone: non-oil trade between Dubai and India reached a record Dh222.5 billion in 2025 — a 136.2% jump over the past decade (from Dh94.2 billion in 2016) and up 35% since the UAE-India Comprehensive Economic Partnership Agreement (CEPA) came into force in May 2022. Trade grew 15% year-on-year in 2025 alone. As of end-June 2026, 85,841 Indian companies are active members of Dubai Chamber of Commerce (+15% YoY), with 7,579 new Indian businesses joining in H1 2026. Cross-investment: Dh32.3 billion from India into Dubai over the decade (including Dh8.4 billion FDI in 2025), and Dh34.1 billion from Dubai into India across 147 projects, creating 55,274 jobs. Here is what stands behind the numbers and where the corridor is heading.

Dubai, 25 August 2026: Dubai Chambers has released updated trade figures — non-oil trade between Dubai and India reached a record Dh222.5 billion in 2025, more than double the 2016 figure of Dh94.2 billion (+136.2% over the decade) and 35% higher than at the point when the UAE-India Comprehensive Economic Partnership Agreement (CEPA) came into effect in May 2022. Trade grew 15% year-on-year in 2025 alone. India is Dubai's second-largest trading partner. According to Dubai Chambers, 85,841 Indian companies are active members of Dubai Chamber of Commerce as of end-June 2026 (+15% year-on-year), of which 7,579 joined in H1 2026. Cross-investment stood at Dh32.3 billion from India into Dubai over 2016-2025 (including Dh8.4 billion of foreign direct investment in 2025) and Dh34.1 billion from Dubai-based companies into India across 147 projects, creating 55,274 jobs. The figures were disclosed by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, during a panel session at The Economic Times World Leaders Forum 2026 in New Delhi, attended by Indian Prime Minister Narendra Modi. Primary source: Dubai Chambers; corroborating report: Gulf News, «Dubai-India trade more than doubles to Dh222.5b in a decade, up 35% since CEPA» (Justin Varghese, 24 August 2026).

Common questions on this topic

How much has Dubai-India trade grown, and over what period?

According to Dubai Chambers, non-oil trade between Dubai and India reached Dh222.5 billion in 2025 — up 136.2% from Dh94.2 billion in 2016 and 15% higher than 2024. Since the UAE-India Comprehensive Economic Partnership Agreement (CEPA) came into effect in May 2022, the corridor has grown 35%.

What is the UAE-India CEPA and how has it affected business?

The UAE-India Comprehensive Economic Partnership Agreement came into force in May 2022. It reduces tariff and non-tariff barriers and improves market access for companies from both countries. The direct measurable effect over three years is a 35% increase in Dubai-India non-oil trade. See our overview of UAE trade agreements in «<a href="/en/economy/cepa-torgovye-soglasheniya-oae/">UAE CEPA and trade agreements</a>».

How many Indian companies are registered in Dubai?

As of end-June 2026, Dubai Chamber of Commerce had 85,841 Indian companies registered as active members — a 15% year-on-year increase. In H1 2026 alone, 7,579 new Indian businesses joined. By activity: trade and services account for 45%, real estate, leasing and business services for 27.3%, and construction for 19%.

What are the mutual UAE-India investment flows over the decade?

According to Dubai Chambers, India invested about Dh32.3 billion into Dubai between 2016 and 2025, including Dh8.4 billion of foreign direct investment in 2025 alone. In the other direction, Dubai-based companies invested Dh34.1 billion into 147 projects in India over the same period, contributing to the creation of 55,274 jobs.

Which new sectors is the partnership expanding into?

According to Dubai Chambers President Mohammad Ali Rashed Lootah, cooperation is expanding into Agentic AI, deep technology, fintech and digital services. Dubai Chambers is developing specialised training pathways and incubators for companies working with Agentic AI — creating an entry route for Indian tech companies through partnerships with local Dubai businesses.

Non-oil trade between Dubai and India reached a record Dh222.5 billion in 2025 — Dubai Chambers reports this doubles the decade-ago figure (+136.2% from Dh94.2 billion in 2016) and stands 35% above the level when the UAE-India CEPA came into force in May 2022. In 2025 alone the corridor grew +15% year-on-year. As of end-June 2026, 85,841 Indian companies are active members of Dubai Chamber of Commerce, with 7,579 joining in H1 2026 alone. India is Dubai's second-largest trading partner. Here are the key numbers, what stands behind them, and where the corridor is heading.

A record year: Dh222.5b non-oil trade in 2025

The figures, disclosed by Dubai Chambers on 25 August 2026 during a panel session at The Economic Times World Leaders Forum 2026 in New Delhi, set a new benchmark for the UAE-India trade corridor. The headline numbers:

  • Dubai-India non-oil trade — Dh222.5 billion in 2025;
  • growth over the past decade — +136.2% from Dh94.2 billion in 2016;
  • 2025 year-on-year growth — +15%;
  • impact of CEPA (in force since May 2022) — +35% increase in Dubai-India trade;
  • India is Dubai's second-largest trading partner.

The announcement was made by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, during a panel session also attended by Indian Prime Minister Narendra Modi. Primary source — Dubai Chambers; corroborating report — Gulf News (Justin Varghese, 24 August 2026).

85,841 Indian companies in Dubai Chamber

The Indian business community in Dubai continues to expand at record pace. According to Dubai Chambers:

  • active Indian companies in the chamber as of end-June 2026 — 85,841 (+15% YoY);
  • new Indian companies joining in H1 2026 — 7,579.

Sector split of active Indian members:

  • trade and services — 45%;
  • real estate, leasing and business services — 27.3%;
  • construction — 19%.

Lootah's take: «The confidence of the Indian business community in the growth opportunities offered by Dubai is reflected in the 7,579 new Indian companies that joined Dubai Chamber of Commerce during the first half of this year. These figures demonstrate that Indian companies increasingly view Dubai as a global hub from which to develop their international operations and expand their investments.»

Cross-investment: Dh32.3b in, Dh34.1b out

Two-way capital flows between 2016 and 2025 look almost symmetric:

  • from India into Dubai — about Dh32.3 billion of investment, including Dh8.4 billion of foreign direct investment (FDI) in 2025;
  • from Dubai into IndiaDh34.1 billion across 147 projects, creating 55,274 jobs.

The symmetry matters: two economies investing into each other in roughly equal amounts is a rare shape of corridor, where neither side plays a purely capital-source role.

What CEPA changed

The UAE-India Comprehensive Economic Partnership Agreement came into effect in May 2022. It reduces tariff barriers, streamlines market access and improves the regulatory landscape for cross-border business. The measured three-year effect is a +35% increase in Dubai-India non-oil trade. For a broader view of how CEPA fits into the wider UAE trade architecture, see «UAE CEPA and trade agreements».

Where the partnership is heading: Agentic AI, fintech, deep tech

According to Lootah, the UAE-India corridor is expanding well beyond traditional trade and real estate. Priorities for 2026:

  • Agentic AI — Dubai Chambers is developing dedicated training pathways and incubators for teams working with agentic AI systems;
  • Deep technology;
  • Fintech;
  • Digital services.

For Indian technology companies this is a concrete signal: Dubai is building the infrastructure for them to use the emirate as a launchpad for international operations — with ready-made incubation programmes and partnerships with local businesses.

What it means for business

Three practical takeaways for companies looking at the UAE-India corridor:

  • Indian business in Dubai is mainstream, not a niche. With 85,841 active companies, the community is comparable in size to a mid-sized European capital. The jurisdictional and language infrastructure is in place: banks, auditors, lawyers and HR firms work with Indian clients daily.
  • CEPA is not operating in a vacuum. The agreement came into force in May 2022 and has already added 35% to trade; for new market entrants that means lower tariff barriers, faster logistics and a clearer legal regime.
  • The window into new sectors is open. Agentic AI, fintech and deep tech are Dubai Chambers' priorities for 2026. Early movers in these niches get regulator attention and access to incubation programmes.

For companies considering Dubai as a gateway to international markets, the practical next steps are to assess the jurisdiction (mainland or free zone), define the activity type and estimate the budget. Consolidated cost benchmarks are covered in «Cost of opening a company in the UAE».

Primary source of the figures — Dubai Chambers (announcement made on 25 August 2026 at The Economic Times World Leaders Forum 2026 in New Delhi). Corroborating report — Gulf News, «Dubai-India trade more than doubles to Dh222.5b in a decade, up 35% since CEPA» (Justin Varghese, 24 August 2026).

Topics:UAEDubaiIndiaCEPATradeInvestmentDubai ChambersEconomyFDIBusiness Setup