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India and UAE Seal Defence, Energy, Investment Deals in Two-Hour Delhi Visit

A whirlwind stop yielded concrete deals across defence, energy, investment, technology, anchoring a push toward a $200 billion trade target by 2032.

Overview

  • India and the UAE signed five agreements with several additional announcements, including a Letter of Intent to frame a Strategic Defence Partnership spanning defence industry collaboration, innovation and advanced technologies.
  • Hindustan Petroleum and ADNOC Gas concluded a 10-year LNG supply deal for 0.5 million metric tonnes annually starting in 2028, reinforcing the UAE’s role as India’s second-largest LNG supplier.
  • Civil nuclear cooperation was advanced to explore large reactors and small modular reactors under India’s SHANTI law, covering plant operations, maintenance and nuclear safety.
  • The UAE signaled major investment moves in Gujarat’s Dholera Special Investment Region, while First Abu Dhabi Bank will open a branch in GIFT City and DP World will operate there including ship-leasing, with both sides also targeting $200 billion in trade by 2032 after crossing $100 billion in 2024–25.
  • New tech and connectivity initiatives featured a supercomputing cluster in India, plans for digital and data embassies, an IN-SPACe–UAE Space Agency pact to build a joint space ecosystem, MSME support via Bharat Mart and a Virtual Trade Corridor, plus a ‘House of India’ cultural hub in Abu Dhabi.