India and the Middle East share strong economic ties, with over $200 billion in annual trade, driven by partnerships with the UAE, Saudi Arabia, and Israel. Key areas include energy, with the Middle East supplying over 60% of India's crude oil, and growing investments in infrastructure, IT, and technology.
Indian firms are involved in major infrastructure projects in the Middle East, while Indian IT companies thrive in digital solutions and emerging technologies. Over 8 million Indian expatriates in the region contribute significantly through remittances.
Future prospects include expanding trade agreements, deepening energy and tech collaborations, and boosting investment in India's digital economy and healthcare sectors.