SCCI, India explore expanding trade and investment ties

Strengthening UAE–India business connectivity

The discussions form part of SCCI’s efforts to reinforce Sharjah’s position as a leading investment destination, strengthen UAE–India business connectivity, and support joint initiatives that enhance trade flows and investment growth between both markets.

High-level meeting at Sharjah Chamber

His Excellency Abdallah Sultan Al Owais, Chairman of SCCI, received H.E. Dr. Deepak Mittal, Ambassador of the Republic of India to the UAE, during a meeting at the Sharjah Chamber’s headquarters. The meeting was attended by Abdul Aziz Al Shamsi, Dr. Fatima Khalifa Al Muqarrab, Lalu Samuel, and several officials from both sides.

Expanding economic and commercial collaboration

During the meeting, both sides discussed ways to scale economic and commercial collaboration between Sharjah and India, leveraging the accelerating momentum of the UAE–India comprehensive strategic partnership.

Investment opportunities in Sharjah

Discussions highlighted Sharjah’s investment landscape, including opportunities for Indian companies to expand regionally, supported by competitive incentives and business-friendly frameworks designed to attract and retain investment.

Strong bilateral relations and trade growth

His Excellency Abdallah Sultan Al Owais said the meeting reflects the strong UAE–India strategic partnership and lays the foundation for a new phase of cooperation. He highlighted Sharjah’s role as a key hub for Indian investment and noted significant growth in non-oil trade, with India becoming the UAE’s top export destination.

Rising presence of Indian companies

He added that trade missions have opened new opportunities for local businesses, while the number of Indian companies registered with the Chamber has surpassed 20,000, underscoring strong economic ties.

Indian delegation highlights strategic importance

The Indian delegation emphasised the importance of strengthening economic relations with Sharjah, praising its position as a global trade hub and highlighting the growing relevance of Khorfakkan Port.

Preparations for upcoming trade mission

The meeting also reviewed preparations for the Sharjah Chamber’s upcoming trade mission to India in June, aimed at boosting private sector collaboration, expanding investor networks, and facilitating direct business engagement between the two sides.