The United Arab Emirates successfully hosted the inaugural Founders’ Retreat from 6 to 8 December 2024. The Retreat brought together more than 60 of India’s most prominent start-up founders and key UAE business leaders, investors, and policymakers to discuss new directions and opportunities in the bilateral investment partnership.

Co-organised by the UAE Embassy in Delhi, Offline, and the UAE-India CEPA Council, the event marked a significant milestone in the UAE-India partnership, showcasing the two countries’ shared commitment to fostering innovation and economic growth. With participating retreat ventures averaging a valuation of USD 3.5 billion, alongside representation from founders of 13 Indian unicorn start-ups and five publicly listed companies, this first-of-its-kind platform facilitated transformative collaborations and highlighted the mutual benefits of closer investment ties between the two nations.

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PUNJAB

Trade Rank with the UAE (State-wise)

14th (FY 2023-24)

UAE DIRECT INVESTMENT IN PUNJAB

(OCT 2019-JUN 2023)​

USD 16.72 MILLION

BILATERAL TRADE (FY 2023-24)​

Punjab’s Exports to the UAE

USD

0.22

BILLION

0.64%

of Total Exports of the UAE

Punjab’s Imports from the UAE:

USD

0.35

BILLION

0.73%

of Total Imports from the UAE

Punjab’s Total Trade with the UAE:

USD

0.57

MILLION

0.69%

of the Total Trade with the UAE