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India emerges as Dubai’s second biggest trade partner

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4 years ago

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India emerges as Dubai’s second biggest trade partner

Trade with India increased by 74.5% year-on-year to AED 67.1 billion According to official data released on Sunday, India has become Dubai’s second largest trading partner after China, with a total trade volume of 38.5 billion dirhams in the first half of 2021. According to a statement from the Dubai government, the emirate’s trade with China in the first half of 2021 (first half) was AED 86.7 billion, followed by India and the United States, ranking third. Trade with India increased by 74.5% year-on-year, from AED 38.5 billion in the first half of 2020 to AED 67.1 billion. India and UAE officially launch CEPA negotiations The total trade volume between China and Dubai reached AED 66.3 billion in the first half of 2020, a year-on-year increase of 30.7%. In the first half of 2021, the transaction volume between the United States and Dubai was 32 billion dirhams, an increase of 1% from the 31.7 billion dirhams in the same period of the previous year.

Saudi Arabia ranked fourth with 30.5 billion dirhams, an increase of 26% over the first half of 2020, followed by Switzerland with 24.8 billion dirhams. In the first half of 2021, the total share of the five largest trading partners was 241.21 billion dirhams, compared with 185.06 billion dirhams in the first half of 2020, an increase of 30.34%. Gold top Gold ranked first among Dubai’s foreign trade commodities in the first half of the year with 138.8 billion dirhams (19.2% of Dubai’s trade), followed by telecommunications with 94 billion dirhams (13%). Expo 2020 Dubai: India plans to fight back against Covid-19 and become a global business center Diamonds ranked third with 57.3 billion dirhams (8%), followed by jewelry with 34.1 billion dirhams (4.7%) and auto trade 28 billion dirhams (4%).

Dubai’s non-oil foreign trade surged 31% in the first half of 2021, from AED 550.6 billion in the same period in 2020 to AED 722.3 billion. In the first half of 2021, exports increased by 45% year-on-year, from 75.8 billion dirhams to 109.8 billion dirhams.

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This supports the 10 x 10 plan (one of the country’s “Top 50 Projects” plans) to increase exports from the UAE The global market grows by 10% annually to 10%. Imports increased by 29.3% year-on-year, from AED 320 billion to AED 414 billion. Re-exports increased by 28.3% year-on-year, from AED 154.79 billion to AED 198.6 billion. The expansion of the sea. Air network Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Committee, stated that Dubai has consolidated its position as one of the fastest growing business centers in the world. “Dubai’s existing air and sea network will be expanded to cover 200 new cities around the world. We are confident that we will continue to consolidate our growth momentum to achieve our ambitious sustainable development projects and plans,” he said.

News Source : Backtrack

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DTC to start electric buses from 3 Delhi ISBTs to Noida airport by May end

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3 weeks ago

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May 10, 2025

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DTC to start electric buses from 3 Delhi ISBTs to Noida airport by May end

The buses will start and currently serve Greater Noida and Jewar, even though the airport is probably not going to be operational by May By the end of May, the Delhi Transport Corporation (DTC) plans to begin operating electric buses from the Capital to the soon-to-be Noida International Airport (NIA) in Jewar, according to officials. The buses will begin at.

Delhi’s three Inter State Bus Terminals (ISBTs) — Maharana Pratap ISBT at Kashmere Gate, Swami Vivekanand ISBT at Anand Vihar, and Veer Hakikat Rai ISBT at Sarai Kale Khan — and currently serve Greater Noida and Jewar, even though the airport is probably not going to meet the May deadline to be operational The Delhi Transport Corporation (DTC) is set to launch.

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Electric bus services connecting Delhi’s Inter-State Bus Terminals (ISBTs) to the upcoming Noida International Airport (NIA) in Jewar by the end of May 2025. This initiative aims to enhance connectivity between the national capital and the new airport, providing a March 2025, DTC and NIA signed operate thesesustainable and efficient mode transportation for.

Key Features of the Service

  • Routes and Terminals: The electric buses will operate from three major ISBTs in Delhi: Maharana Pratap ISBT at Kashmere Gate, Swami Vivekanand ISBT at Anand Vihar, and Veer Hakikat Rai ISBT at Sarai Kale Khan. Initially, these buses will serve areas in Greater Noida and Jewar, catering to the March 2025, DTC and NIA signed an MoU to operate these demand for public transport in these regions.
  • Memorandum of Understanding (MoU): In March 2025, DTC and NIA signed an MoU to operate these bus services, formalizing the collaboration between the two entities The fleet will consist of air-conditioned, low-floor electric buses equipped with modern amenities, including GPS tracking, CCTV cameras, panic buttons, and broad aisle spaces to accommodate luggage. These features aim to ensure.
  • Commuters passenger safety and comfort during transit While the exact fare amounts are yet to be finalized, discussions are ongoing in consultation with the Yamuna Expressway Industrial Development Authority (Yeida), which manages the Jewar area. The authorities aim to establish a cost-effective fare structure for commuters The bus services will initially be deployed on a pilot basis. Depending demand.

Additional Considerations

  • Infrastructure Development: A four-kilometer stretch of road that will be part of the bus route is not fully developed yet. DTC has reached out to Yeida to ascertain the usability and development timeline of this segment to ensure seamless operations. and passenger feedback, routes may be adjusted, and the number of buses increased to better serve commuters this, the bus services will begin as scheduled.
  • Airport Operational Timeline: Although the NIA was expected to commence operations by mid-May 2025, it is likely to miss this deadline due to ongoing construction work. Despite this, the bus services will begin as scheduled, providing connectivity to the surrounding areas in the interim providing connectivity to the surrounding areas in the interi This initiative reflects DTC’s commitment to.
  • Enhancing public transportation infrastructure and promoting eco-friendly travel options in the National Capital Region. By introducing electric buses on this route, the corporation aims to offer a reliable and sustainable alternative for commuters traveling between Delhi and the upcoming Noida International The Delhi Transport Corporation (DTC) is set to commence electric bus services.
  • connecting Delhi’s Inter-State Bus Terminals (ISBTs) to the upcoming Noida International Airport (NIA) in Jewar by the end of May 2025. This initiative aims to provide eco-friendly and convenient transportation options for commuters traveling between Delhi and the new airport NIA was expected to commence.
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