PM Modi’s UAE Visit Expected to Strengthen India-UAE Trade and Investment Ties: FIEO

The Federation of Indian Export Organisations (FIEO) has welcomed the upcoming visit of India’s Prime Minister, Narendra Modi, to the UAE, Sweden, the Netherlands, Italy, and Norway from May 15 to 20, 2026. As per the FIEO, the visit is expected to strengthen India’s economic ties with key global partners and create fresh opportunities for trade, investments, exports and technology collaborations.

India Strengthening Global Economic Partnerships

FIEO President SC Ralhan said the Prime Minister’s visit comes at an important time when India is expanding its economic partnerships with Europe and the Gulf region through trade agreements, resilient supply chains, and investment-led growth.

He added that the meetings with leaders from the UAE and Europe highlight India’s growing role as a trusted global economic partner. The visit is expected to open new investment options for Indian exporters in sectors such as:

• Engineering
• Textiles
• Clean energy
• Food processing
• Pharmaceuticals
• Technology and AI
• Logistics
• Digital trade

UAE Remains a Key Trade Partner for India

FIEO noted that the India-UAE relationship has grown into a strong Comprehensive Strategic Partnership with the expanding trade and investment ties.

The UAE continues to be one of India’s most important trade partners and acts as a major gateway for Indian exports to the Middle East and Africa. According to FIEO, the visit is likely to further strengthen cooperation in:

• Energy
• Infrastructure
• Investments
• Services trade

The organisation also highlighted the role of the large Indian diaspora in the UAE in strengthening business and people-to-people relations.

Opportunities for UAE Investors and Indian Exporters

As per FIEO, the visit could help increase bilateral investments and improve market access for Indian exporters while also opening new opportunities for UAE investors looking to expand in India.

Key sectors expected to benefit include:

• Renewable energy and green hydrogen
• Fintech and digital innovation
• Real estate and infrastructure
• Manufacturing and industrial partnerships
• Maritime and logistics services
• Startups and technology collaboration

FIEO added that growing cooperation in these sectors can support long-term economic growth for both countries.

Focus on Europe and Future Industries

Commenting on the Prime Minister’s engagements in Europe, FIEO said the visit is especially important after the progress in the India-EU Free Trade Agreement discussions and the India-EFTA Trade and Economic Partnership Agreement (TEPA).

FIEO expects discussions with European leaders to focus on future-ready industries and strategic sectors such as:

• Green hydrogen
• Clean technologies
• Semiconductors
• Defence manufacturing
• Blue economy
• Artificial Intelligence (AI)
• Sustainable supply chains
• Innovation and digital transformation

As per the organisation, these sectors offer strong growth opportunities for Indian exporters and businesses.

India-Nordic Summit to Open New Opportunities

FIEO also highlighted the significance of the India-Nordic Summit in Oslo, stating that Nordic countries offer major collaboration opportunities in:

• Renewable energy
• Maritime industries
• Advanced manufacturing
• Climate technology
• Digital innovation

The organisation said stronger India-Nordic cooperation can create new opportunities for Indian startups, businesses, and technology partnerships while supporting India’s green growth goals.

Business Engagements Expected to Boost Investor Confidence

FIEO welcomed the Prime Minister’s participation in key business events, including:

• European Round Table for Industry
• India-Norway Business and Research Summit

According to FIEO, such engagements are expected to improve investor confidence and encourage stronger industrial and economic partnerships.

India’s Trade with These Countries Crosses USD 70 Billion

FIEO stated that India’s bilateral trade with the countries included in the Prime Minister’s visit currently exceeds USD 70 billion collectively. Investments from these regions into India are also steadily increasing.

The organisation expressed confidence that the visit will help:

• Improve market access for Indian exporters
• Increase bilateral investments
• Strengthen economic cooperation
• Expand India’s global trade footprint
• Support long-term export growth targets

Why Does This Visit Matter for Indian Exporters?

The visit comes at a time when India is positioning itself as a global manufacturing and export hub. Stronger ties with the UAE and Europe could benefit Indian businesses across sectors, especially exporters looking to expand into global markets.

With growing focus on clean energy, AI, sustainability, and digital trade, the visit is expected to pave the way for new investment opportunities and strategic partnerships for Indian companies.

Invest AED 2K/Month, Get AED 1 Million returns*

Get Quotes →