Bharat Mart in Dubai: Sheikh Mohammed and Narendra Modi lay foundation for massive Indian market scheduled to open in 2026 - Buy property in Dubai - Inchbrick realty

Bharat Mart in Dubai: Sheikh Mohammed and Narendra Modi lay foundation for massive Indian market scheduled to open in 2026 - Buy property in Dubai - Inchbrick realty

Bharat Mart in Dubai: Sheikh Mohammed and Narendra Modi lay foundation for massive Indian market scheduled to open in 2026 - Buy property in Dubai - Inchbrick realty

Bharat Mart in Dubai: Sheikh Mohammed and Narendra Modi lay foundation for massive Indian market scheduled to open in 2026 - Buy property in Dubai - Inchbrick realty

  • Punit Rana
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  • February 24, 2024

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Bharat Mart in Dubai: A huge Indian market opening in 2026 after Sheikh Mohammed and Narendra Modi laid its foundation. It will be a big hub for Indian goods and culture, bringing economic growth to Dubai - Buy Property in Dubai - Inchbrick Realty.

Bharat Mart in Dubai: Sheikh Mohammed and Narendra Modi lay foundation for massive Indian market scheduled to open in 2026 - Buy property in Dubai - Inchbrick realty

Dubai plans to open a large Indian market called Bharat Mart in Dubai 2026, aiming to further strengthen trade ties between the UAE and India.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; Indian Prime Minister Narendra Modi laid the foundation stone for Bharat Mart in Dubai, a marketplace and trading platform for Indian businesses in Dubai, at a ceremony held at the 2024 World Government Summit.

Plans for the marketplace were announced by DP World. Scheduled to open in 2026, Bharat Mart in Dubai will provide a world-class trading platform for Indian manufacturers and exporters to access global markets.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; Indian Prime Minister Narendra Modi laid the foundation stone for Bharat Mart in Dubai, a marketplace and trading platform for Indian businesses in Dubai, at a ceremony held at the 2024 World Government Summit.

Plans for the marketplace were announced by DP World. Scheduled to open in 2026, Bharat Mart in Dubai will provide a world-class trading platform for Indian manufacturers and exporters to access global markets.

Bharat mart in Dubai

Sultan Ahmed bin Sulayem, Chairman and CEO of DP World Group, who attended the ceremony, said, ``By laying the foundation for Bharat Mart in Dubai, we are working to strengthen trade ties between the UAE and India. "We are paving the way for this," he said.

“Our country has set a target of reaching $100 billion in non-oil bilateral trade by 2030 and Bharat Mart in Dubai will support this goal and create more opportunities for Indian manufacturers. , will contribute to government initiatives such as Make in India and D33.”

“With Jebel Ali Free Zone (Jafza)'s world-class infrastructure, logistics capabilities and business-friendly ecosystem, Bharat Mart in Dubai will efficiently transport Indian products to the UAE and other high-growth markets in the Middle East. It will be the ideal gateway to reach Europe and Africa.”

Abdullah bin Damitan, CEO and Managing Director of DP World GCC, said: "India is among the UAE's top five trading partners and the relationship has accelerated significantly with rapid economic growth post-pandemic. ” he said.This has created a dynamic trading environment and we remain steadfast in our commitment to fostering continued growth.

“Bharat Mart in Dubai is designed to complement Jafza’s existing services, providing Indian small and medium-sized enterprises with a seamless platform to export their cargo to new markets, and as a key trade gateway between the two countries. Strengthen your position.”

Bharat Mart in Dubai is envisaged to be spread over an area of 2.7 million sq ft, with the first phase comprising 1.3 million sq ft, and will be a mega distribution hub for Indian companies to trade within the UAE and re-export to regional and global markets. It is ready to become.

The market is located in Jebel Ali Free Zone (Jafza) and is part of the broader trade ecosystem that DP World is developing through Dubai Traders Market, a hybrid retail and wholesale market that accommodates traders from around the world. become part of.

Bharat Mart in Dubai will house 1,500 showrooms catering to retail and wholesale customers and over 700,000 sq ft of Grade A warehousing space, offering tenants the benefits of both free zone and onshore.

The property will also provide light industrial units, office space and conference facilities.

Conveniently located 11 km from Jebel Ali Port, the largest port in the Middle East and 15 km from Al Maktoum International Airport, Bharat Mart in Dubai offers seamless multi-modal logistics solutions to Indian exporters.

Through the Jebel Ali ecosystem, traders can gain direct connectivity to more than 150 maritime destinations and air links to more than 300 cities.

Dubai plays a key role in the UAE-India trade relationship, with 87% or $44.9 billion of the total non-oil trade of $51.4 billion passing through Dubai in 2022.

Nearly 1,500 Indian companies call Jafza their home in the UAE, trading over 5 million tonnes of cargo valued at $8.6 billion.

As a significant cultural and economic hub, it offers promising investment opportunities to buy property in Dubai's real estate sector. Inch Brick Realty specializes in guiding investors towards lucrative Buy property in Dubai purchases near Bharat Mart. Don't miss the chance to capitalize on this historic venture. Contact us today for expert assistance in securing your investment to buy property in Dubai's thriving property market. It is always a good idea to let the professionals do the work. If you are looking to Buy Property in Dubai from an agency in Dubai, especially Inch & brick realty, our experienced brokers will advise you, answer all your questions and select the best option that meets all your requirements to buy property in Dubai. The agency also takes care of all the paperwork necessary to process the contract. Please fill out the callback request. We will get back to you as soon as possible.

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