Daybreak

Why India's $100B trade romance with the UAE is only the beginning


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With ties to the US and China on shaky ground, India is leaning on a new partner—the UAE. The economic relationship has surged past $100 billion in FY25, and this surge has resulted in Indian companies from Tata to Omega Seiki Mobility setting up shop in the Emirates’ tax-free zones.

Attractive incentives like access to capital, world-class infrastructure, and geographical centrality are attracting Indian manufacturers abroad. But this raises a big question: is the UAE a launchpad for India’s global ambitions—or a risk to it’s own manufacturing dreams?

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Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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