India-UAE trade, valued at $180 million per annum in the 1970s, today stands at around $44 billion, making UAE India's largest trading partner. There is an estimated $6 billion UAE investment in India, of which about $1.92 billion is in the form of foreign direct investment (FDI), while the remaining is portfolio investment. http://ummid.com/news/2011/September/13.09.2011/india_uae_manpower_agreement.htm
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