Non-Oil Exports
- Reached USD 27.4 billion in FY 2023–24
- Average annual growth since CEPA: 25.6%
Key Export Sectors
- Refined petroleum products
- Gems and jewellery
- Electrical machinery and equipment
- Boilers, generators, reactors (light & medium high-technology goods)
- Organic and inorganic chemicals
Product Highlight
- Smartphones emerged as a major export item
- Export value to UAE in FY 2023–24: USD 2.57 billion
Institutional Mechanisms under CEPA
- Joint Committee established to monitor implementation
- Met twice so far
- Last meeting: October 2024 at Joint/Additional Secretary level
- Trade in Goods Committee:
- Addresses market access and trade-related issues
- Other operational sub-committees:
- Trade in services
- Rules of origin
- Customs procedures
- Trade facilitation
Bharat Mart Initiative
- Launched in Dubai
- Functions as a one-stop platform for Indian manufacturers
- Aims to:
- Showcase Indian products globally
- Boost exports
- Support MSMEs in accessing international markets
