It’s a big day for the UAE-India investment corridor, with plenty of funding pledged to support Indian firms expanding in the Middle East through UAE, several manufacturers expanding their footprint in the country, and more investments from the UAE into India.

INVESTMENT-

USD 250 mn fund for Indian brands expanding via Dubai: The India Global Forum (IGF) unveiled a USD 250 mn fund to help high-potential Indian consumer and industrial brands expand internationally using Dubai as base for scaling across MENA and Europe, according to a statement. The fund is anchored by Ved Family Office and Indian investment firm Ananta Capital.

The fund and accelerator will focus on Indian companies across sectors like food and beverage, consumer brands, chemicals, automotive, advanced manufacturing and industrial products. The IGF will partner with DP World to use its logistics network for market-entry support.

MANUFACTURING-

Berger Paints Emirates, a subsidiary of Mumbai-based AsianPaints, plans to set up a second paint manufacturing facility at Khalifa Economic Zones Abu Dhabi in the UAE with an investment of AED 140 mn (INR 3.4 bn), according to a statement (pdf). The plant will span 100k sqm and is expected to have an initial paint production capacity of 55.8k kiloliters per year.

ALSO- JK Cement is setting up a new AED 6 mn manufacturing facility within the Ras Al Khaimah Economic Zone (RAKEZ) to produce advanced construction chemicals and additives, as per a press release.

PRIVATE CREDIT-

Dubai-based Aditum Investment Management plans to raise up to USD 50 mn to fund fintech Wizz Financial’s gold-backed private credit strategy in India as part of its expansion, The National reports. The first USD 25 mn tranche is set to close by 10 December, with a second due in early 2026.

Aditum, which manages USD 9.68 bn across the Gulf, is targeting regional institutional and retail investors for the fundraise. Wizz Financial, backed by Abu Dhabi Capital Group, operates 300 Unimoni branches, which functions as a financial services network offering foreign exchange, remittances, payments and small-ticket credit, acting as a local financial hub for rural customers.

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