Indian Businesses In Dubai And Their Impact On Economic Growth

Dubai has emerged as a global business hub, attracting entrepreneurs and businesses from around the world. There has been a noticeable trend of Indian businesses moving to Dubai or expanding their business operations. But why are they moving? Let’s look at some of the top Indian companies in Dubai and the impact they have on the economy and how they shape the future of the city.

Why are Indian businesses moving to Dubai?

Dubai’s strategic location makes it a hub for trade and commerce. Indian companies moving to Dubai find its geographic proximity to Europe, Africa and Asia advantageous as it facilitates easy access to global markets. Dubai’s sizable Indian expatriate community also adds to the appeal for regional market penetration.

Dubai is renowned for its business-friendly environment, favorable tax policies and robust infrastructure. Indian businesses are drawn to Dubai’s diverse economy which extends beyond oil and gas to other sectors like tourism, finance, real estate and technology.

Dubai’s modern lifestyle, world-class amenities and safe environment make it an attractive location for Indian entrepreneurs and families seeking a high-quality lifestyle. The city’s excellent healthcare facilities, international schools and diverse recreational options make it appealing not only for businesses but also for families.

Indian businesses moving to Dubai have significantly contributed to the economy from educational institutions, banking and real estate firms. Below is a list of Dubai-based Indian companies.

Top 10 Indian Companies in Dubai

Lulu Group International

Lulu Group International, led by Indian entrepreneur Yusuff Ali M.A, is one of the largest retail chains in the Middle East and North Africa (MENA) region. Lulu Hypermarkets offers a wide range of products including groceries, electronics, fashion and household goods. The company has several hypermarkets and supermarkets across Dubai, catering to the diverse needs of customers. Lulu Group’s investment in Dubai’s retail sector has been substantial, contributing significantly to the city’s economic growth.

Danube Group

Danube Group, founded by Rizwan Sajan is a diversified conglomerate with interests in construction, real estate and retail. The group’s retail arm operates Danube Home, a leading home improvement and furnishing store in Dubai. Danube Properties, the real estate division has developed numerous residential and commercial projects in Dubai, offering quality and affordable housing options.

GEMS Education

GEMS Education, founded by Sunny Varkey is a global network of schools and education institutions headquartered in Dubai. GEMS operates numerous schools across the UAE, providing world-class education to students from diverse backgrounds. The institution’s commitment to quality education has earned it a stellar reputation in Dubai’s educational landscape.

Sobha Realty

Sobha Realty, founded by PNC Menon, is a prominent real estate developer and one of the top Indian companies in Dubai known for its luxury residential projects in Dubai. The company focuses on developing high-end properties with meticulous attention to detail and quality craftsmanship. Sobha Realty’s projects have contributed to Dubai’s reputation as a prime destination for luxury real estate investment. This makes Sobha one of the top Dubai-based Indian companies.

Joy Alukkas Group

The Joy Alukkas Group is a renowned jewellery retailer with a strong presence in Dubai. The group was founded by Joy Alukkas, offering an extensive range of gold, diamond and precious gemstone jewellery. With multiple showrooms in prominent locations across Dubai, the group has become the preferred choice for customers.

Aster DM Healthcare

Aster DM Healthcare, founded by Dr. Azad Moopen, is a leading integrated healthcare provider in the UAE. The company operates hospitals, clinics and pharmacies delivering comprehensive healthcare services to the community. Aster’s commitment to quality patient care and medical excellence has earned it widespread recognition in Dubai’s healthcare sector.

Thumbay Group

Thumbay Group established by Dr. Thumbay Moideen is a diversified conglomerate with interests in healthcare, education and retail. The group operates Thumbay hospitals, clinics, pharmacies and the Gulf Medical University in Dubai. Thumbay Group’s contributions to healthcare and education have made it one of the top Indian companies in Dubai.

Landmark Group

Landmark Group, founded by Micky Jagtiani is a multinational conglomerate with retail and hospitality ventures across the Middle East, Africa and the Indian subcontinent. The group operates popular retail chains like Centrepoint, Splash, Babyshop and Home Centre in Dubai. After his demise, the group is currently led by his wife Renuka Jagtiani. Landmark Group’s retail presence has significantly influenced Dubai’s shopping landscape.

Transworld Group

Transworld Group founded by Ramesh Krishnan, is a maritime conglomerate headquartered in Dubai. The group offers shipping and logistics services including container shipping, freight forwarding and other logistics solutions. Transworld Group has strengthened Dubai’s maritime industry, facilitating international trade and transportation.

Burjeel Holdings

Burjeel Holdings, founded by Indian entrepreneur and radiologist Dr. Shamsheer Vayalil, is a leading healthcare provider with hospitals and clinics in Dubai. They offer advanced medical treatments and services to patients and focus on medical innovation.

These Indian companies in Dubai have not only diversified the business landscape but also contributed significantly to the city’s economic growth and development. As Dubai continues to evolve as a global business hub, Indian companies moving to Dubai are poised to play an even more significant role in shaping its future economic trajectory.