Dragon Mart in Dubai Gets an Indian Cousin: “Bharat Mart” to Showcase Indian Products
India Plans "Bharat Mart" in UAE to Boost Trade with Warehousing Hub
Dubai, UAE: India announced plans to set up “Bharat Mart,” a dedicated warehousing facility in Dubai, aiming to increase trade with the UAE. This “Dragon Mart”-inspired hub will showcase Indian products across various categories under one roof.
Key details:
- Operational by 2025, spanning over 100,000 square meters in Jebel Ali Free Zone.
- Multipurpose facility combining warehouses, retail showrooms, and hospitality units.
- Accommodates diverse goods, from machinery to perishables.
- Digital platform connects global buyers with Indian suppliers.
- Aims to double non-petroleum trade with UAE to $100 billion by 2030 under CEPA agreement.
Significance:
- Strengthens India-UAE Comprehensive Strategic Partnership, particularly in trade and investment.
- Supports Prime Minister Modi’s visit to UAE and discussions on regional and global issues.
Next steps:
- Finalizing the “Bharat Mart” concept and securing necessary approvals.
- Establishing the digital platform for efficient goods procurement.
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