NewzVille Business Desk
Commerce Minister Piyush Goyal addressed the Dubai-India Business Forum organised by Dubai Chambers in Mumbai on Monday. The event was graced by Sheikh Hamdan bin Mohammad Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE.
Goyal lauded Dubai’s contributions to social welfare, including the establishment of the first hospital for Indian workers in Dubai. “This is a heartwarming initiative, and we thank you on behalf of all Indians,” he added.
Highlighting the special relationship between India and the UAE, Minister Goyal said it is built on trust and personal rapport between the leadership of both nations. “There have been six high-level visits between India and the UAE in just two years—three by Prime Minister Narendra Modi and three by top leaders of the UAE. This reflects the intimacy and strategic importance of our partnership,” he stated.
Goyal placed on record India’s appreciation for the UAE’s support in building the iconic Swaminarayan Hindu Temple in Abu Dhabi, calling it a symbol of mutual respect and shared values.
The Minister acknowledged the UAE’s pivotal role in India’s outreach to Africa, investments in logistics and infrastructure, and efforts to build digital and commercial connectivity. He particularly appreciated the role of DP World in transforming India’s logistics ecosystem.
Referring to the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE as a defining moment, Piyush Goyal said, “Our goal to take non-oil trade to $100 billion is within reach. The speed and scale at which our partnership is growing is truly inspiring.”
Commerce Minister encouraged businesses from both countries to tap the immense potential in sectors such as nuclear energy, critical minerals, renewable energy, green hydrogen, fintech, AI, food security, and advanced manufacturing. He said, “This is just the tip of the iceberg. We have many mountains yet to climb, and I’m confident that the leadership and business communities of both nations will continue to inspire even greater achievements.”
