Indian companies now make up 16% of DMCC’s international business district member base
The Dubai Multi Commodities Centre (DMCC) has announced that Indian companies now represent 16% of its total member base, following a 7% year-on-year growth. Over the past 12 months, 260 Indian companies joined DMCC, bringing the total number of Indian businesses within the district to nearly 4,000, reported arnnewscentre.ae.
Highlighting the impact of the Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and India in 2022, DMCC noted that bilateral trade between the two nations has surpassed $85 billion in 2024. This growth has significantly influenced the regional trade landscape and presents abundant opportunities for Indian companies looking to expand internationally.
During two recent high-level events held in partnership with the Confederation of Indian Industry and the Federation of Telangana Chambers of Commerce and Industry, DMCC showcased Dubai’s strategic advantages for Indian businesses. These gatherings convened key business leaders, government officials, and industry stakeholders to explore investment and trade opportunities through DMCC’s platform.
DMCC urges Indian businesses to leverage CEPA-driven momentum for global expansion.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, emphasized the evolving nature of UAE-India relations: “The UAE-India relationship is entering a defining new phase, underscored by the historic visit of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to India. With trade now exceeding $85 billion, this chapter will see rapid growth across sectors such as investment, services, infrastructure, technology, and food security.”
This initiative is part of DMCC’s global “Made For Trade Live” roadshow, which seeks to strengthen international ties by visiting key global markets. The roadshow highlights how Indian businesses can simplify their operations, optimize supply chains, and tap into some of the world’s fastest-growing economies by setting up in DMCC.
With a membership of over 25,000 companies and a contribution of 15% to Dubai’s annual foreign direct investment (FDI), DMCC continues to cement its role as one of the leading global business hubs for international expansion and cross-sector innovation.
