Dubai: The Premier Destination for the Thriving Indian Businesses & Investments
India has emerged as the largest contributors of investments and has established over 12,142 new Indian companies in Dubai. This showcases the remarkable economic ties between India and Dubai which has been growing progressively over the years. It turns Dubai as an appealing destination for the Indian and other region businesses to seek a global growth opportunities. The key factor which constructs Dubai as a global business hub is its business-friendly environment backed by pro-investment policies. The sectors such as real estate, trade, logistics and services coagulate with the futuristic ambitions of the investors from India and other regions.
Dubai ensures its vibrant economic platform to be more committed to fostering innovation and collaboration, networking events, and partnerships predominantly with Indian business councils and the other regions of business councils around the world. The following countries and their successful stories reminds the world about Dubai as the “Top Choice” for investments and businesses.
Unlocking the Successful Stories of Indian Entreprenuers in Dubai
The stratified successful stories of the Indian entrepreneurs has sealed the reputation of Dubai as a global business hub and the bilateral trade has been strengthened with the recent signing of (CEPA) Comprehensive Economic Partnership Agreement.
The standout successful story of the homeboy of Pune, Soham Shah the CEO of SelfDrive Mobility. It is a tech-driven car rental platform which was established in Dubai in august 2017. He expanded the company in Dubai successfully and leveraged the city’s advanced infrastructure and pro-business policies. Another inspiring story is the CEO of Buimerc Corporation Limited. This investment holding company has now turned as a key player in the region’s financial ecosystem and it has flourished in DIFC (Dubai International Financial Centre). In 2023, he has been honored with the presentation of Pravasi Bharatiya Samman Award by the Indian government for his excellence on business and community welfare.
In 2018, bnbme Holiday Homes has been founded in Dubai for which the tremendous contribution of the Co-Founder and the Chief Business Officer (CBO), Shilpa Mahtani who has inspired the other platforms’ foundation like Airbnb. She had shared that her journey into the holiday management came out of the challenging experience as a tenant. Another successful story is from the real estate sector, Imran Khan is the founder and CEO of Pixl Group. He worked and handled the international assignments for Godrej Consumer Products and 3M, there he observed the gap and took the inspiration to cement between marketing and tech solutions in real estate. His company has emerged as the growth partner for developers, brokers, and master brokers across the world. The dynamic business environment of the Dubai provides the equal platform for everyone for innovation and digital transformation, which led to the growth of two other Indian entrepreneurs to exhibit their new notions in educating the financial literacy to the vulnerable sections of society and the construction of easy-to-use platforms for business process management. And the two victorious CEO’s are Suresh Sambandam of Kissflow and Marilyn Pinto of KFI Global.
In 2024, Dubai has hosted several networking events and workshops for investors from India and other countries. Dubai Invesment & Networking Event 2024 which is held at the Metropolitan Hotel Dubai for the investors to connect and explore investment opportunities in Dubai. This March event has been organised by BINE International and it is followed by other events held through out this year including International Investor Summit 2024, GITEX NorthStar Dubai 2024, Dubai Business Growth Networking, and Dubai FinTech Summit 2024.
The Dubai Chambers has unveiled in their recent analysis that the Indian investors have bagged the top position consistently in the list of non-Emirati companies during the first nine months of this year. Both India and UAE has strengthened their relationship with agreements and initiatives which includes BIT (Bilateral Investment Treaty) 2024, which aims to foster a secured investment environment by the host’s country, Investor State Dispute Settlement (ISDS), Regulatory Rights, Abu Dhabi Investment Authority Operations in GIFT City, Comprehensive Economic Partnership Agreement (CEPA), and CoinDCX’s Acquisition of BitOasis.
This ensures the upcoming Indian entrepreneurs that Dubai is an ideal place for investments and global hub for business