Bharat Mart: Premier Indian Marketplace Set to Shine in Dubai

15 Feb, 2024

Bharat Mart: Premier Indian Marketplace Set to Shine in Dubai

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, graced the ceremony with his presence, joined by distinguished figures such as S Jaishankar, External Affairs Minister of India, Ajit Doval KC, National Security Advisor of India, Vinay Kwatra, Foreign Secretary, Ministry of External Affairs, Government of India, Sanjay. The event marked the unveiling of plans for Bharat Mart, an exclusive world-class trading platform poised to elevate Indian manufacturers and exporters onto the global stage.

Expected to debut in 2026, Bharat Mart emerges as a strategic initiative by DP World, a testament to the robust trade relations between India and the UAE. Abdulla Bin Damithan, CEO and Managing Director of DP World GCC, emphasized India's pivotal position as one of the UAE's top trade partners, a bond amplified by a post-pandemic economic resurgence. Bharat Mart, spanning 2.7 million square feet, with an initial phase encompassing 1.3 million square feet, will serve as a pivotal distribution center for Indian businesses, facilitating both domestic and international trade.

Strategically located within the Jebel Ali Free Zone (Jafza), Bharat Mart will integrate seamlessly into DP World's expansive trade ecosystem, including the Dubai Traders Market. The facility is slated to accommodate 1,500 showrooms, offering retail and wholesale services, alongside 700,000 square feet of Grade A warehousing space. Situated in close proximity to Jebel Ali Port and Al Maktoum International Airport, Bharat Mart will provide unparalleled logistical advantages, linking Indian exporters to over 150 maritime destinations and air routes to more than 300 cities.

Dubai's pivotal role in facilitating the UAE-India trade relationship is underscored by statistics, with a significant portion of the non-oil trade, amounting to $44.9 billion out of $51.4 billion in 2022, passing through the emirate. Jafza hosts nearly 1,500 Indian enterprises, facilitating the trade of over five million metric tons of cargo valued at $8.6 billion. As Bharat Mart prepares to take center stage, it epitomizes the unwavering commitment to bolstering bilateral trade ties and fostering economic prosperity for both nations