Dubai Strengthens Position as Global Growth Hub for Indian Businesses; 3,995 New Indian Companies Join in Q1 2026

Vinod Varma Chandigarh, May 20

Dubai Chamber of Commerce has announced that 3,995 new Indian companies joined the chamber during the first quarter of 2026, highlighting the strengthening economic and trade ties between India and Dubai despite ongoing global economic uncertainties. By the end of March 2026, the total number of active Indian member companies registered with the chamber had risen to 84,088, making Indian businesses the largest foreign business community in Dubai. The strong growth reflects increasing confidence among Indian enterprises in Dubai as a reliable hub for business continuity, global expansion, and long-term growth. H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers said, “In an increasingly

complex global economy, companies are prioritising markets that offer clarity, stability, and long-term growth potential. The continued rise in Indian businesses demonstrates the trust they place in Dubai as a platform for sustainable success.” He further added that the Dubai-India partnership is built on strong cultural ties and shared ambitions, while Dubai continues to provide world-class infrastructure, global connectivity, and a business-friendly environment that supports international expansion. Dr. Joy Alukkas, Chairman and Managing Director of Joyalukkas Group, stated, “For nearly four decades, the UAE has served as the foundation of our global ambitions. The leadership’s

vision, stability, and unwavering support for businesses have created an environment where companies can confidently grow even during global uncertainty.” Sid dharth Bala chandran, Chairman of Indian Business and Professional Council, said “a rare constant in a rapidly changing world,” adding that the emirate’s forward-looking policies and continuous dialogue with businesses have strengthened investor confidence. Nilesh Ved, Chairman of AppCorp Holding and Owner of Apparel Group, commented said Dubai has evolved into one of the world’s leading global cities, offering Indian companies the connectivity, resilience, and momentum needed to expand across regional and international markets.