Indian businesses gain greater market access through Abu Dhabi: Abu Dhabi Global Market Chairman

Indian companies are expanding rapidly in Abu Dhabi, giving them greater access to key markets across the Middle East, Africa and beyond, Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said on Thursday.

Speaking at the CII-ADF Summit in Mumbai, Al Zaabi said the emirate’s approach is rooted in long-term partnerships rather than transactional ties. Zaabi also heads the Abu Dhabi Global Market (ADGM).

“India has always been an important part of our growth. That role tells a powerful story of confidence in Abu Dhabi’s vision. Indian companies are increasing their presence in Abu Dhabi with an annual compounded growth rate (CAGR) of 38.4 per cent between 2019 and 2024. And they are more enabled than ever before to access key markets across Middle East Africa and beyond,” he said.

Describing India as a nation “whose energy, talent and ambition inspire the whole world,” Al Zaabi said the UAE-India relationship is built on centuries of “trade, trust and friendship” that continue to shape shared prosperity.

He noted that Abu Dhabi’s investments in India through entities such as ADIA, Mubadala, ADQ and Abu Dhabi National Oil Company reflect this “partnership of trust,” as they channel capital and expertise into India’s growth sectors, creating jobs and supporting innovation.

Talking about the emirate’s business environment, Al Zaabi said Abu Dhabi enables companies “to start, scale and succeed,” backed by world-class infrastructure, progressive regulations and strong connectivity. The economy has recorded 17 consecutive quarters of growth, with non-oil sectors expanding 6.6% in the second quarter and contributing more than half of its GDP.Abu Dhabi, home to people from around 200 nationalities, counts Indians as a “vital part” of its progress, he said. “Indian entrepreneurs, investors, innovators and professionals have found success in Abu Dhabi and a home that celebrates their talent and enterprise.”Urging companies to “not just invest in Abu Dhabi but invest with Abu Dhabi,” Al Zaabi said both partners have consistently turned “headwinds into tailwinds,” and he called for deeper collaborations that create long-term value for future generations.

(With inputs from PTI)