UAE-India Business Forum to be held in Mumbai

The UAE-India Business Forum begins in Mumbai on Tuesday, September 10, aiming to explore new trade, investment and partnership opportunities between the two nations.

Under the theme "Beyond CEPA: Innovation and Future-Ready Economies," this event is part of ongoing efforts to maximize the benefits of the Comprehensive Economic Partnership Agreement (CEPA), which took effect in May 2022.

The forum will bring together government officials, business leaders, industrialists and entrepreneurs, and will focus on the potential of sectors such as healthcare, biotechnology, renewable energy, sustainability, artificial intelligence, logistics and agricultural technology.

The event will build on the consistent rise in bilateral non-oil trade, which reached $28.2 billion in the first six months of 2024, marking a 9.8 per cent increase year-on-year.

These figures underline the benefits of the UAE-India CEPA, which has proved to be a major driver of industrial output, employment and global competitiveness.

Since its implementation, businesses in both countries have benefited from reduced or eliminated tariffs on more than 80 per cent of products, streamlined customs processes and the removal of trade barriers.