The 26th Water, Energy, Technology and Environment Exhibition (WETEX) 2024 began today at the Dubai World Trade Centre, featuring a strong Indian presence with 29 leading companies participating in the Indian pavilion. The event, organized by Dubai Electricity and Water Authority (DEWA), will continue till the 3rd of this month, showcasing cutting-edge innovations in renewable energy, water treatment, and environmental technologies.
Sunjay Sudhir, Ambassador of India to the UAE, highlighted the significance of Indian participation at WETEX 2024. He emphasized that the companies in the Indian pavilion are demonstrating advanced technologies and sustainable projects that support the green economy and contribute to realizing the Sustainable Development Goals.
The robust Indian presence at WETEX reflects the flourishing UAE-India economic relationship, which has gained momentum since the implementation of the Comprehensive Economic Partnership Agreement in May 2022. Trade volume between the two nations reached an impressive $84.5 billion from April 2022 to March 2023, with projections suggesting it could hit $100 billion by 2027. The UAE has emerged as a significant investor in India, ranking seventh with investments totalling $18 billion in 2023.
WETEX 2024 features 16 international pavilions from 14 countries, underscoring its global significance in promoting sustainable technologies and fostering international partnerships.
