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Bengaluru: As a paradox grows with Indian startups migrating to Dubai and the latter looking for investment opportunities in India, its non-profit trade organisation Dubai Chambers believes that the Indian industry lacks information about diverse investment opportunities, in turn, serving an obstacle for investors to pour money in businesses.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers further reiterated that Dubai should increase its investments in India during a press conference at the Dubai - India business forum held on Tuesday.
While UAE’s business hub looks to pour in more money in India, reports suggest that Indian companies represent more than 30% of Dubai's innovation-driven startup community due to its business friendly regulations, global market access among other benefits. Currently, there are 4,500 India-based small and micro enterprises (SMEs) in the UAE. Meanwhile, 62,651 active Indian companies were registered as members of Dubai Chamber of Commerce by the end of March 2025.
Presently, Dubai has invested heavily in financial services, retail and tech and is looking to concentrate more towards the digital economy, the trade organisation stated during a panel discussion.