India-UAE aim to double trade to $200 billion by 2032; ink deals on LNG, defence, and space

  • Posted on January 19, 2026
  • By Business News Today
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India-UAE aim to double trade to $200 billion by 2032; ink deals on LNG, defence, and space

India and the UAE have set an ambitious target to double bilateral trade to $200 billion by 2032, signing key agreements in energy, defense, and space. A 10-year LNG supply deal between HPCL and ADNOC was confirmed, bolstering India's energy security. The nations also advanced defense and space cooperation, signaling a decade of closer economic and strategic integration.
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