The UAE Tourism Sector

This report outlines the booming UAE tourism sector and its strategic alignment with Indian travellers and investors. In 2023, tourism contributed USD 59.9 billion to GDP, with India as the largest source market at 4.5 million visitors. The report showcases high-growth Emirates like Dubai, Abu Dhabi, and Ras Al Khaimah, and explores investment opportunities across luxury hotels, eco-tourism, MICE, and wellness tourism. It also profiles prominent Indian investments in UAE hospitality, from Taj Hotels to OYO and Lemon Tree. The paper is a comprehensive guide for Indian businesses seeking to invest in or expand within the UAE’s hospitality ecosystem.

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PUNJAB

Trade Rank with the UAE (State-wise)

14th (FY 2023-24)

UAE DIRECT INVESTMENT IN PUNJAB

(OCT 2019-JUN 2023)​

USD 16.72 MILLION

BILATERAL TRADE (FY 2023-24)​

Punjab’s Exports to the UAE

USD

0.22

BILLION

0.64%

of Total Exports of the UAE

Punjab’s Imports from the UAE:

USD

0.35

BILLION

0.73%

of Total Imports from the UAE

Punjab’s Total Trade with the UAE:

USD

0.57

MILLION

0.69%

of the Total Trade with the UAE