India and the United Arab Emirates (UAE) agreed on January 19, 2026 to double bilateral trade to $200 billion by 2032, during a landmark one-day state visit by UAE President Sheikh Mohamed bin Zayed Al Nahyan to New Delhi. Non-oil bilateral trade between the two countries had reached $100 billion in FY 2024-25, and the new target represents an ambitious doubling of economic engagement. The comprehensive agreement covered multiple strategic domains: in the energy sector, Abu Dhabi state oil company ADNOC committed to supply Liquefied Natural Gas (LNG) worth $3 billion over a 10-year period starting 2028, to India's state-owned Hindustan Petroleum Corporation (HPCL), supporting India's energy security objectives. On defence, the two nations signed a Letter of Intent on a Strategic Defence Partnership, signalling closer collaboration in defence manufacturing, technology transfer, and capability development — complementing India's 'Make in India' defence initiative. In the space domain, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the UAE Space Agency signed a Letter of Intent to promote joint commercial space ventures, satellite development, and geospatial applications. The two nations also announced a 'House of India' cultural centre to be established in Abu Dhabi to showcase Indian art, heritage, and archaeology. The India-UAE Comprehensive Economic Partnership Agreement (CEPA), signed in February 2022, has been the foundation for this deepening bilateral relationship. The UAE is India's third-largest trade partner and second-largest export destination. For Rajasthan, the strengthened trade ties hold significance for marble and handicraft exports, as the UAE is a major market for Rajasthani artisanal products and the Indian diaspora in the Gulf is a significant consumer of Rajasthani goods.