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Reading: Crown Prince Al Maktoum’s India go to: IIM-Ahmedabad, IIFT to arrange campuses in Dubai | Key updates
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StockWaves > Business > Crown Prince Al Maktoum’s India go to: IIM-Ahmedabad, IIFT to arrange campuses in Dubai | Key updates
Business

Crown Prince Al Maktoum’s India go to: IIM-Ahmedabad, IIFT to arrange campuses in Dubai | Key updates

StockWaves By StockWaves Last updated: April 9, 2025 6 Min Read
Crown Prince Al Maktoum’s India go to: IIM-Ahmedabad, IIFT to arrange campuses in Dubai | Key updates
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Throughout Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s go to to India on Tuesday, each nations took key steps to strengthen their ties, together with plans to ascertain ship-repair clusters in Kochi and Vadinar and to arrange a campus of the Indian Institute of Administration, Ahmedabad, in Dubai. 

Additionally Learn: Dubai Crown Prince’s 2-day India go to from 8-9 April: Conferences with PM Modi, Jaishankar, Rajnath Singh scheduled

Listed here are the highest ten updates:

1. The primary abroad campus of Indian Institute of International Commerce (IIFT) might be arrange in Dubai and that land might be allotted for the development of an India-UAE friendship hospital within the Gulf metropolis, in response to the Ministry of Exterior Affairs (MEA). The MEA agreed to begin the development work of Bharat Mart and the launch of a 3-D rendering of the Bharat Mart advanced.

2. In his assembly with Modi, the Dubai Crown Prince offered the prime minister a reproduction of his grandfather Sheikh Rashid’s bisht (conventional embroidered cloak worn over the Qandura by Arab males) symbolising the historic and generational political friendship between the 2 international locations.

3. Each leaders additionally mentioned avenues to strengthen the India-UAE Complete Strategic Partnership and powerful cultural and people-to-people ties. The Crown Prince, who can also be the deputy prime minister and defence minister of the UAE, arrived within the nationwide capital on Tuesday morning on a two-day India go to. Within the night, he travelled to Mumbai.

4. PM Modi hosted a working lunch for the Crown Prince at his residence in Lok Kalyan Marg. In a social media put up, Modi mentioned Dubai has performed a key position in advancing the India-UAE complete strategic partnership. “Glad to fulfill HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai. Dubai has performed a key position in advancing the India-UAE Complete Strategic Partnership,” Modi mentioned. “This particular go to reaffirms our deep-rooted friendship and paves the best way for even stronger collaboration sooner or later,” he mentioned.

5. Within the assembly between Singh and Al Maktoum, the 2 sides mentioned methods to additional strengthen the strategic defence and safety partnership between the 2 international locations. After his assembly, Singh mentioned India is keen to work intently with the Gulf nation within the defence sector together with in co-production and co-development initiatives.

6. Each India and the UAE are dedicated to work in the direction of peace and prosperity within the area, he mentioned. The defence ministry mentioned Singh and Al Maktoum have been satisfied that shut collaboration between the defence industries must be an integral a part of the bilateral cooperation.

Additionally Learn: Dubai’s crown prince Sheikh Hamdan welcomes fourth little one, names her ‘Hind’. Why this title? What does Hind imply?

7. In his assembly with the Crown Prince, Jaishankar highlighted the large deepening and widening of the connection throughout sectors between the 2 international locations lately. The Crown Prince offered an unique newspaper protection of the profitable effort of his father, the Ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum in saving passengers on board Indian Airways Flight 421 in August 1984.

8. The visiting chief additionally met Goyal throughout a high-level enterprise assembly in Mumbai. They mentioned the contribution of the Complete Financial Partnership Settlement (CEPA) within the fast progress of bilateral commerce, the MEA mentioned. The MEA mentioned the proposed abroad campus of the IIM-Ahmedabad and IIFT in Dubai will additional strengthen the tutorial cooperation between the 2 international locations and positions Dubai and the UAE as a key regional and international vacation spot for eminent Indian academic establishments. This follows the inauguration of the primary ever campus of the IIT within the Center East in Abu Dhabi final yr.

Additionally Learn: Saudi Crown Prince Mohammed Bin Salman ‘prepared to broaden $600 billion funding’ with Trump admin for subsequent 4 years

9. These initiatives will profit the 4.3 million-strong Indian diaspora dwelling within the UAE and round 9 million Indian diaspora within the Gulf Area, the MEA mentioned in an announcement. It mentioned the Cochin Shipyard Ltd (CSL) and Drydocks World (DDW), a DP World firm, signed an MoU to allow growth of ship restore clusters, at Kochi, Kerala and Vadinar, Gujarat, synergising their mutual strengths. That is anticipated to convey international finest practices to the ship restore ecosystem within the nation and add vital capacities, it mentioned.

Additionally Learn: Saudi Crown Prince Reached Out to Trump in Late-Night time Telephone Name

This particular go to reaffirms our deep-rooted friendship and paves the best way for even stronger collaboration sooner or later.

10. Work on VTC additionally re-affirms India’s dedication to the India-Center East-Europe Financial Hall, it mentioned. “Bilateral commerce, which is predicted to cross USD 97 billion, will obtain additional impetus via these initiatives and can assist obtain the non-oil commerce goal of USD 100 billion,” the MEA mentioned.

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