Mumbai: The United Arab Emirates (UAE) plans to inject an additional USD 25 billion UAE investment in India in the near future.
Union Commerce and Industry Minister Piyush Goyal announced the investment plan following the 14th meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) in Mumbai. Goyal co-chaired the meeting alongside Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority (ADIA). Furthermore, both nations agreed to double bilateral trade to USD 200 billion by 2032.
[14th HLJTFI Mumbai Summit] ──▶ Announces $25 Billion Fresh Capital Intent
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[Bilateral Trade Target: $200 Bn] ◀──( Eventual Target: $100 Billion UAE Capital )┘
Expanding Energy Reserves and Maritime Ports
Crucially, the UAE has already invested approximately USD 25 billion in India, ranking as the country’s seventh-largest source of foreign direct investment.
The new capital will target strategic growth sectors, including maritime infrastructure, shipbuilding, aviation hubs, artificial intelligence, and space technology.
Key Takeaways from the 14th HLJTFI Investment Summit:
Long-Term Trade Target: Aiming to double bilateral trade to USD 200 billion by 2032.
Total Investment Target: Working towards an ultimate USD 100 billion UAE investment intent.
Strategic Petroleum Storage: ADNOC contract to store up to 30 million barrels of crude in Indian reserves.
Financial Expansion: Emirates NBD acquired majority stake in RBL Bank for ~USD 3 billion.
Strategic Energy Reserves and GIFT City Expansion
Significantly, energy security formed a core priority following agreements signed during Prime Minister Narendra Modi’s visit to the UAE in May 2026.
[INDIA-UAE STRATEGIC ENERGY & FINANCIAL INITIATIVES]
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[Crude Storage: 30M Barrels] [Odisha Aluminium Complex] [GIFT City Financial Units]
ISPRL-ADNOC deal in Visakhapatnam IHC $11.5B joint investment FAB, Mashreq & ADNIC open branches
Under a strategic agreement between ISPRL and ADNOC, the UAE may store up to 30 million barrels of crude oil in Indian underground facilities at Visakhapatnam and Chandikhol. Additionally, both sides are evaluating crude storage in Fujairah to protect supply chains against geopolitical disruption.
Concurrently, financial ties strengthened as First Abu Dhabi Bank (FAB), Mashreq Bank, and ADNIC established operational branches in Gujarat International Finance Tec-City (GIFT City).
India-UAE Economic Partnership Framework
| Economic Sector / Project | Existing Investment Baseline | Expanded Target / Allocation | Primary Strategic Objective |
| Bilateral Trade Outlay | USD 101.25 Billion (FY26) | USD 200 Billion by 2032 | Accelerates CEPA trade framework. |
| Strategic Oil Reserves | Standard import channels | 30 Million Crude Barrels | Secures domestic energy supply chains. |
| RBL Bank Acquisition | Strategic capital intake | ~USD 3 Billion (Emirates NBD) | Expands UAE commercial banking presence. |
| Odisha Industrial Hub | Project planning stage | USD 11.5 Billion Outlay | Establishes integrated aluminium complex. |
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