Mumbai: In a move to further deepen Dubai’s economic relations with India, the Dubai International Chamber has opened its second representative office in the country.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, who attended the launch of the new office in Bengaluru, said the initiative represents a strategic step that will elevate economic cooperation between Dubai and India.
“It lays the foundation for a new chapter of economic integration, stronger business partnerships, and the development of the digital economy,” Sheikh Hamdan said during an event held by Dubai Chambers in Mumbai, coinciding with his official visit to India.
The Chamber’s first office in India was launched in Mumbai in 2018. With the opening of the Bengaluru office, the number of international representative offices has now risen to 34. This expansion is part of the Dubai Global initiative, launched by Sheikh Hamdan, which aims to establish 50 offices around the world by 2030. The initiative seeks to attract foreign direct investment and support Dubai-based companies in exploring new business opportunities across 30 global markets.
Boosting investments
Sheikh Hamdan also met with Piyush Goyal, India’s Minister of Commerce and Industry, in Mumbai. The meeting reflected the two nations’ continued efforts to strengthen their strategic economic partnership.
Additionally, in Sheikh Hamdan’s presence, Dubai Chambers held a high-level business meeting in Mumbai, attended by senior officials and business leaders from both sides.
In their addresses at the event, Abdullah bin Touq Al Marri, UAE Minister of Economy, and Minister Goyal highlighted the strength of economic ties between the two nations. They noted that the new office marks a significant step toward expanding cooperation and supporting the ambitious goals of the UAE-India Comprehensive Economic Partnership Agreement.
Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, said that the Mumbai and Bengaluru offices will help accelerate the flow of investments between Dubai and India.
“Dubai International Chamber’s network of international offices plays a vital role in raising awareness among global businesses and investors on the high-potential opportunities Dubai offers across diverse sectors, while also encouraging multinational companies to benefit from the emirate’s competitive and business-friendly environment,” Al Mansoori said.
Sultan Ahmed bin Sulayem, Chairman of Dubai International Chamber, underlined that Dubai’s leadership has long recognised that international trade and deeper connections with global markets are central to the emirate’s future economic growth.
“The Dubai International Chamber plays a vital role in advancing this vision. By strengthening partnerships with key economies such as India, we are not only reinforcing Dubai’s role as a hub for international collaboration but also creating pathways for Emirati businesses to explore new global opportunities,” Sulayem added.
