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Indian Business Leaders Hail PM Modi’s UAE Visit as a ‘Cepa 2.0’ Milestone

Fri, May 15, 2026(53d ago)UAE

The Indian business community in the UAE has enthusiastically welcomed Prime Minister Narendra Modi’s latest visit, viewing it as a pivotal "Cepa 2.0" moment that signifies a new era of strategic maturity. Following a warm reception by President Sheikh Mohamed bin Zayed Al Nahyan, industry leaders noted that the bilateral relationship has transcended traditional trade to become a robust alliance spanning energy, technology, and infrastructure. Executives like Faizal Kottikolon of KEF Holdings emphasize that this phase is less about ink on paper and more about unlocking untapped potential for emerging enterprises within the rapidly evolving economic landscape of both nations.

Prominent figures, including M.A. Yusuff Ali and Siddharth Balachandran, have echoed these sentiments, describing the visit as a profound affirmation of a partnership that fosters shared prosperity and innovation. With bilateral trade already exceeding $85 billion, stakeholders are optimistic about the future, particularly as the collaboration extends into logistics, defense, and the digital economy. As the bond between the two countries matures, the four-million-strong Indian diaspora in the UAE sees this visit not just as a diplomatic success, but as a gateway to broader regional cooperation that promises to influence growth corridors far beyond their borders.

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