India, UAE trade volume to reach $100bn by 2020

The trade between India and UAE in terms of volume currently at $60 billion is expected to reach $100 billion by 2020 with increasing interest of Indian companies in the Middle East markets, a top industry body said.

"The trade between India and UAE, which is estimated to be around $60 billion currently, is all set to grow and hit the $100 billion-mark by the year 2020 with the growing interest by the Indian companies in the Middle East markets," the Confederation of Indian Industry (CII) said in a statement here.

About 50 Indian companies are participating in the Middle East Electricity Exhibition which opened on Wednesday in Dubai at the World Trade Centre displaying a wide variety of products ranging from cables to conductors, capacitors, transformers and switchgear products.

Read More  

No comments:

Post a Comment