Indian are ~40% of UAE’s population; forming ~10-12% of India’s inward remittances. 31% of the 5.3m Indians in the Gulf are in UAE.
UAE forms ~8% of India’s non-oil exports and 3.0-3.5% of India’s nonoil imports. DP World operates five container terminals in India, accounting for 40% of India’s container traffic.
L&T has two joint ventures in the UAE, others with business interests include Gammon India. EMMAR world’s leading realty player originationg from Dubai has a JV with MGF in India.
Nagarjuna has invested Rs700m in a Dubai real estate project. Punj has 15% of its order backlog of Rs268bn from the Middle East [Dubai is negligible though]
Bank of Baroda has 10 branches in the Gulf (largest), but mostly small banking exposure, mainly for remittances. Bank lending to UAE funded projects in India unknown.