Prime Minister Narendra Modi visited the UAE and held detailed talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both sides reviewed trade, energy, defence, investment, technology and strategic ties.
India and the UAE strengthened their energy partnership. ADNOC will expand participation in India’s Strategic Petroleum Reserves up to 30 million barrels and both countries will also work on strategic gas reserves in India.
Indian Oil Corporation (IOCL) and ADNOC signed a long term LPG supply agreement. The deal aims to secure stable LPG supplies for India in the coming years.
The UAE announced total investments of around $5 billion into India. Emirates NBD will invest $3 billion in RBL Bank, ADIA and NIIF will invest $1 billion in Indian infrastructure projects, while International Holding Company will invest $1 billion in Sammaan Capital.
India and the UAE signed a Framework for Strategic Defence Partnership. The agreement covers defence manufacturing, advanced technology, training, maritime security, cyber defence, secure communication and information sharing.
Cochin Shipyard Limited and Drydocks World Dubai signed an MoU to set up a Ship Repair Cluster at Vadinar. The project will also include offshore fabrication under India’s Maritime Development Fund Scheme.
Another tripartite maritime agreement was signed between Cochin Shipyard, Drydocks World Dubai and CEMS for skill development in ship repair. The partnership will train and employ skilled maritime workers and strengthen India’s shipbuilding sector.
India’s CDAC and UAE based G42 signed a term sheet to build an 8 Exaflop Super Computing Cluster. The project will support India’s AI Mission and boost high performance computing capabilities.
Both countries also operationalised the Virtual Trade Corridor using the MAITRI digital platform. The system connects customs and port authorities of both nations to reduce cargo delays, lower costs and improve trade efficiency.
The two leaders also discussed regional security and safe navigation through the Strait of Hormuz. India reaffirmed support for secure energy and trade routes, which are important for global food and energy security.
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