Archive · 24 Jul 2025
UAE Eyes Andhra Pradesh as Strategic Hub in India Economic Corridor
The UAE and India are doing a lot of business together!
A top official from the UAE visited Andhra Pradesh to look for ways to invest there.
They talked about how much trade they already do, which is a lot.
The UAE is interested in Andhra Pradesh because it could be a key spot for trade between the two countries.
They see opportunities in things like ports, food, and new technologies.
UAE Minister of Economy and Tourism, Abdulla Bin Touq Al Marri, led a delegation to explore investment opportunities in Andhra Pradesh.
Al Marri stated that the UAE views Andhra Pradesh as a potential strategic node in the UAE-India Economic Corridor.
The UAE-India non-oil trade grew over 20.5%, reaching $250 billion.
India is the top non-oil export destination for the UAE, accounting for 30.5% of exports.
The UAE has committed $16 billion in FDI to India.
- Who
- UAE Minister of Economy and Tourism, Abdulla Bin Touq Al Marri, and Indian dignitaries.
- What
- Conference about investment opportunities in Andhra Pradesh and strengthening the UAE-India Economic Corridor.
- When
- The conference occurred on Wednesday, likely in July 2024.
- Where
- Vijayawada, Andhra Pradesh, India.
- Why
- To explore investment opportunities and enhance economic ties.
- Non-oil trade growth
- Over 20.5%
- Non-oil trade value
- $250 billion
- India's export share of UAE's exports
- 30.5%
- Weekly flights between UAE and India
- 641
- UAE FDI commitment to India
- $16 billion
- Number of Indian businesses in UAE
- 267,000+
- Number of Indian tourists visiting UAE in 2024
- 4.2 million