News / Supply chain players bullish on India-UAE trade growth prospects

© Druid007

Supply chain stakeholders on the India-UAE tradelane appear increasingly bullish about the pace of demand growth after a bilateral free trade agreement (FTA) set up early last year.

Two-way trade between India and the UAE hit a new high last year, up 23% and worth some $85bn, according to official data – strong growth that refuelled industry partnerships and ocean service networks.

And major carriers, including Maersk, MSC and ONE, have added a flurry of regional connections to take advantage of the ...